Institution: International Finance Corporation
Headquarters: Washington DC, United States
Allocation to alternatives: 26.99%
International Finance Corporation has confirmed a $15 million commitment to Mountain Nazca Fund II, as mentioned in a March 2020 memo on the institution’s website.
The fund, managed by Mountain Nazca, is a Canada-based venture capital fund focused on early-stage technology companies in Latin America, predominantly Mexico.
The $43.40 billion government organisation allocates 27% of its investment portfolio to alternative investments.
As illustrated below, IFC has made several commitments to private equity funds with a 2019 or 2020 vintage.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.