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IFC approves $50m commitment

The member of the World Bank Group has backed an Africa-focused fund.

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Institution: International Finance Corporation
Headquarters: Washington, D.C., United States
AUM: $43.24bn
Allocation to Alternatives: 52.15%
Bitesize: $10m-$50m

International Finance Corporation (IFC) announced $50 million in commitments to Helios Investors IV. The fund, managed by Helios Investment Partners, is targeting $1.25 billion to make mid-to-large cap growth equity investments in Africa.

As illustrated below, IFC has a regional appetite for Asia-Pacific, Central and Eastern Europe and the Middle East/ Africa.

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