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IFC approves $20m commitment

The IFC has backed a Latin America-focused fund.

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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 $20 million commitment to PC Capital Development Fund II. The fund is targeting $100 million to invest in SMEs across Mexico.

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

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.