IFC approves $12m commitment

The member of the World Bank Group has backed a private equity fund focusing on Africa, Asia and Latin America.

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) has announced a $12 million commitment to Accion Quona Inclusion Fund. The fund seeks to make investments in early and growth-stage companies in Africa, Asia and Latin America.

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

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