IFC discloses proposed Ninety One infrastructure fund investment
The fund will be a 10-year closed-end global infrastructure fund.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
The International Finance Corporation (IFC) has disclosed a proposed investment of up to $100 million in the Ninety One Emerging Markets Infrastructure Debt Fund.
The fund will be a 10-year closed-end global infrastructure fund with a target size of $500 million to $1 billion.
The purpose of the fund is to invest in infrastructure assets across Latin America, sub-Saharan Africa, the Middle East and North Africa, and Asia (excluding China, Japan and South Korea). The fund will be managed by Ninety UK and its related associates.
Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe now