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IFC approves $25m commitment

The World Bank Group's member organisation has backed an Africa-focused private debt vehicle.

Institution: International Finance Corporation
Headquarters: Washington, DC
AUM: $56.63 billion

International Finance Corporation has committed $25 million to Vantage Mezzanine Fund IV. The fund is managed by Vantage Capital and it will support high-growth, mid-market companies in Africa.

As illustrated below, IFC’s recent private debt commitments have predominantly targeted Asia-Pacific, Latin America and Middle East/Africa funds.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.