IFC proposes $75m to growth and venture funds

The World Bank Group member makes another round of commitments to facilitate the Latin America and Southeast Asia markets.

Institution: International Finance Corporation
Headquarters: Washington, D.C., United States
AUM: $99.26bn
Allocation to Alternatives: 52.15%
Bitesize
: $10-50m

International Finance Corporation (IFC) has proposed commitments totaling $75 million across four private equity funds.

The organisation plans to commit $25 million to Valor Venture Fund III and $10 million Valor Opportunity Fund I. Both funds are managed by Valor Capital Group and will invest in early-stage technology companies across Latin America, with a focus on Brazil.

IFC also intends to back L Catterton Latin America III. which will target mid-cap consumer businesses in the region. The proposed equity commitment size amounts to $20 million.

The institution also proposed a $20 million commitment to Lakeshore Capital II, which will explore growth investments of $5 million to $20 million in Thailand.

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

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