IFC Financial Institutions Growth Fund
EXIM joined the fund in April 2015 with a capital commitment of US$50 million. The fund’s lead investor is the International Finance Corporation (IFC) and the fund manager is its asset management company, IFC AMC. The fund invests in financial institutions (commercial banks, insurance companies) and technology companies related to financial services across global emerging markets. EXIM’s aim is to expand its cooperation with IFC beyond the already existing ones, such as the Trust Fund and a joint project financing initiative under a Masters Cooperation Agreement.
- Fund size: US$505 million
- Ticket size: US$20–100 million
- Fund manager: IFC Asset Management Company
The fund’s investment period has ended and the fund makes no further investments.