CDC approves $40m in commitments

The British investment organisation has backed two South Asia-focused growth equity funds.

Institution: CDC Group
Headquarters: London, United Kingdom
AUM: $5.05bn
Allocation to alternatives: 73.0%
Bitesize: $10-50m

CDC Group has agreed to commit $25 million to GEF South Asia Growth Fund II and $15 million to Omnivore Capital 2 India, according to a recent report on the organisation’s website. Both funds focus on impact investing into SMEs based in India and Bangladesh.

The $5.05 billion British investment organisation has a 40.0 percent current allocation to private equity.

As illustrated in the charts below, CDC has made four commitments to private equity funds with a 2018 or 2019 vintage, which combined constitute $99 million.

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