IFC proposes $25m commitment

The World Bank Group member invests across the MENA region.

Institution: International Finance Corporation
Headquarters: Washington, D.C., United States
AUM: $43.4bn
Allocation to alternatives: 26.99%
: $10m-$50m

International Finance Corporation (IFC) has proposed a $25 million commitment to LCP Fund II, a fund that targets invest in mid-cap companies with growth potential in the Middle East and North Africa, with a focus on Egypt.

The fund is planning to raise a total of $250 million and make equity investments ranging from $15 million to $50 million in eight to ten companies.

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

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