IFC/World Bank HQ. Photo: IFC
Mars W. Mosqueda Jr.
19 June, 2023
World Bank Group member International Finance Corporation (IFC) is considering an equity investment of up to $30 million in the latest climate-focused private equity vehicle of Global Environment Fund (GEF) Capital Partners, according to a disclosure.
The fund, South Asia Growth Fund (SAGF) III, targets companies that promote climate action and environmental sustainability in India and opportunistically in Southeast Asia. GEF is looking at raising $300-400 million for the PE vehicle.
Edited by: Padma Priya
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Printed by Unregistered user on Tue, 20 Jun 2023 11:50:09 GMT
GEF Capital PartnersIFCSouth Asia Growth Fund (SAGF) III
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