IFC to support Brummer’s second Bangladesh fund
International Finance Corporation (IFC) plans to invest up to $20 million in Frontier Bangladesh II, a $100 million fund being raised by Swedish alternative asset manager Brummer & Partners.
IFC, the investment arm of the World Bank, also supported the predecessor fund, a 2009 vintage vehicle that raised $88 million. This was the first dedicated Bangladesh private equity fund. According...
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