Canada's Commitment to IFC Fund Encourages Private Investors
The Government of Canada's Minister of Finance Jim Flaherty announced that Canada's C$75 million commitment to the Catalyst Fund, managed by the World Bank Group’s International Finance Corp. (IFC), has helped attract other investors, including private investors. The IFC's Catalyst Fund, launched in December 2012, is a private equity fund of funds focused on providing growth capital for companies delivering resource efficiency and low-emission products and services in emerging markets. To date, the fund of funds has raised a total of US$280 million.
29 January 2013•2 mins read
