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IFC approves $10m commitment

The member of the World Bank Group has backed a Latin America-focused agtech fund.

Institution: International Finance Corporation
Headquarters: Washington, D.C., United States
AUM: $43.4bn
Allocation to Alternatives: 21.46%
Bitesize
: $10-50m

International Finance Corporation (IFC) has agreed to commit $10 million to AgVenture II. The fund is managed by SP Ventures and focuses on agtech in Latin America.

As illustrated below, IFC has a regional appetite for Asia-Pacific, Latin America and the Middle East / Africa.

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