OPIC makes $25m commitment

The US government's development finance institution has backed a private equity fund focused on emerging markets.

Institution: Overseas Private Investment Corporation
Headquarters: Washington, D.C., United States
AUM: $5.83bn
Bitesize: $50-100m

Overseas Private Investment Corporation (OPIC) has made a $25 million to SunFunder’s Solar Energy Transformation (SET) fund, according to a press release on the manager’s website.

As illustrated in the charts below, the $5.83 billion US government-related investment organisation has made five commitments to private equity funds with a vintage of 2018 or 2019, totalling $550 million.

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