IFC approves commitment of up to $65m

The US investment organisation has backed a special situations fund.

Institution: International Finance Corporation (IFC)
Headquarters: Washington, D.C., United States
Bitesize: $10-50m

The International Finance Corporation (IFC) has committed up to $65 million in Altus Special Situations Asia 1 LP, which aims to support distressed companies in emerging markets across East Asia.

The $94.27 billion US investment organisation has a 20 percent target allocation of private equity that currently stands at 9.07 percent.

As illustrated in the charts below, IFC focuses on investment strategies including mezzanine/debt and venture capital/growth equity across regions around the world.

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