IFC makes $10m commitment

The government organisation has committed to an India-based venture fund.

Institution: International Finance Corporation
Headquarters: Washington DC, United States
AUM: $54.73bn
Allocation to alternatives: 21.46%

International Finance Corporation has confirmed a $10 million commitment to Endiya Partners Fund II, as mentioned in a May 2020 memo on the institution’s website.

The fund, managed by Endiya, is an India-based venture capital fund focused on early-stage technology, healthcare and consumer sectors in India.

The $54.73 billion government organisation allocates 21.46% of its investment portfolio to alternative investments.

As illustrated below, IFC’s five most recent private equity commitments have been to mezzanine debt, venture capital and buyout funds.

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