IFC proposes $15m commitment

The World Bank Group’s member to back a Latin America-focused tech fund.

Institution: International Finance Corporation
Headquarters: Washington, D.C., United States
AUM: $43.64bn
Allocation to Alternatives: 33.0%
Bitesize
: $10m-$50m

International Finance Corporation (IFC) has proposed to commit up to $15 million to Kaszek Ventures’ fourth venture capital fund, Kaszek Ventures IV. IFC is also expected to make co-investments in the Fund.

Kaszek Ventures IV will invest in non-manufacturing early-stage software and web-based technology companies across Latin America. IFC committed the same amount of capital to the predecessor vehicle, Kaszek Ventures III.

As illustrated below, IFC continues to commit to funds with VC and growth equity strategies within the TMT sector.

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