FMO proposes $10m commitment

The Dutch development bank is focused on private equity opportunities across Latin America.

Institution: FMO
Headquarters: The Hague, Netherlands
AUM: €9.00bn
Allocation to alternatives: 70.8%
Bitesize: €10-€50m

FMO intends to commit $10 million to ACON Latin America Opportunities Fund, managed by ACON Investments.

The Dutch development bank aims to increase its exposure to private equity through structured capital solutions in Latin America.

The Fund, with a target of $600 million, will focus on control equity, protected minority and structured equity investments in the Latin American middle-market.

The €9 billion Dutch development bank has a 30 percent allocation to private equity.

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