IFC approves $50m commitment

The World Bank Group's member organisation has backed a Turkish buyout fund.

Institution: International Finance Corporation
Headquarters: Washington D.C., United States
AUM: $54.73bn
Allocation to alternatives: 21.46%
Bitesize: $10-50m

International Finance Corporation has committed $50 million to Turkven’s Turkey Growth Fund IV. The fund will invest in mid-market growth capital and buyout transactions in Turkey.

As illustrated below, IFC’s recent fund commitments have focused on the consumer goods, industrials and TMT sectors across several regions.

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