IFC proposes $20m commitment

The World Bank Group member backs a debt fund to provide access to long-term finance to MMEs in Chile, Colombia and Peru.

Institution: International Finance Corporation
Headquarters: Washington, D.C., United States
AUM: $57.6bn
Allocation to alternatives: 33%
Bitesize: $50m-$100m

International Finance Corporation (IFC) has proposed a commitment of up to $20 million to HMC Capital Private Debt Fund, a Latin America-focused senior debt fund.

IFC will invest in sustainable businesses in Peru, Colombia and Chile for its private debt portfolio. The fund will invest approximately $5 million per transaction through senior debt instruments.

As illustrated below, IFC has been investing in senior and mezzanine debt funds to facilitate the growth of alternative debt financing in developing countries.

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