IFC proposes investment in $1bn TPG fund
The fund will focus on growth-stage climate-themed investments across emerging markets.
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The International Finance Corporation (IFC) has disclosed a proposed investment of up to $100 million, along with a co-investment envelope of $50 million, in TPG Rise Climate Global South Initiative. The fund is a private equity vehicle, with a target of $1 billion, focusing on growth-stage climate-themed investments across emerging markets.
The fund will invest across emerging markets, including Brazil, India, Africa, the Middle East, and Southeast Asia.
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