IFC
IFC to invest $17m in India's Parag Milk Foods
Indian dairy company Parag Milk Foods is set to receive $17 million from International Finance Corporation (IFC). The capital will be used to expand milk processing projects in the regions of Manchar and Palamner.
IFC commits $20m to Armstrong's SE Asia cleantech fund
International Finance Corporation, the World Bank's investment arm, has committed $20 million to Singapore-based Armstrong Asset Management's Southeast Asia cleantech fund.
IFC commits $10m to Chinese LED manufacturer
International Finance Corporation (IFC), the investment arm of World Bank, plans to commit at least $10 million Chinese LED manufacturer Qingdao Jason Electric through a co-investment.
IFC, Sabre to invest $40m in Everstone-backed Indian hospital chain
Ravindranath GE Medical Associates (RGE), which operates a chain of eight hospitals across India under the Global Hospitals brand, will receive $15 million from Sabre Partners and $25 million from the International Finance Corporation.
IFC considers $20m investment in Hosen’s China agri fund
International Finance Corporation (IFC) plans to invest up to $20 million in Hosen Capital’s New Hope Agriculture and Food Fund II, which launched last June and is targeting $180 million for investments in China’s agriculture sector. It is further...
NSL Renewable raises $90 million
With $90 million in funding raised over the last week, NSL Renewable Power (NRPPL) is looking to leverage the falling costs of producing power from renewable sources. It currently has 185 megawatts of installed capacity across wind, solar, bio-mass and...
India’s NSL Renewable Energy raises $60m round
A group of investors, including International Finance Corporation (IFC) and FE Clean Energy, has committed $60 million to the NSL Renewable Power Private, a subsidiary of NSL Group.
IFC considers $25m commitment to Motilal Oswal PE fund
The International Finance Corporation (IFC) is considering an equity investment of up to $25 million in Motilal Oswal’s India Business Excellence Fund IIA, which offers growth equity capital to small- and medium-sized enterprises (SMEs) in India.
IFC may anchor Thailand-focused Lakeshore fund
The International Finance Corporation (IFC) is considering a commitment of up to $20 million to Lakeshore Capital Fund I, a Thailand-focused GP that is seeking to raise $100 million.
IFC to invest $24m in India’s Ratnakar Bank
International Finance Corporation (IFC), the investment arm of the World Bank, plans to invest up to INR1.3 billion ($24 million) in India’s Ratnakar Bank. The commitment, which would be structured as a preferential allotment, complies with IFC’s...
India's Yes Bank to set up PE fund with IFC
Yes Bank, India's fourth largest privately owned lender, is to create a joint fund with the International Finance Corporation (IFC), the investment arm of the World Bank.
IFC raises $280m for global climate change fund-of-funds
International Finance Corporation (IFC), the private investment arm of the World Bank, has received $280 million from the governments of Canada and the UK and Azerbaijan’s sovereign wealth fund for its climate change fund-of-funds.
IFC to increase stake in Morgan Stanley-backed China Flooring
International Finance Corporation (IFC) will extend a loan to China Flooring Holding Company, a Hong Kong-listed firm backed by Morgan Stanley Private Equity Asia. The loan will consist of a term loan of up to $30 million and a convertible loan of up...
Fosun, IFC set up Asia-focused reinsurer
Fosun International has teamed up with International Finance Corporation (IFC), the investment arm of the World Bank, to enter the Asia Pacific reinsurance market. The newly established operation, Peak Reinsurance Company (Peak Re), has been licensed...
IFC backs Lighthouse’s second India SME fund
Lighthouse Funds has won a commitment of up to $25 million from the International Finance Corporation (IFC) for its latest India-focused vehicle. The GP is targeting a corpus of $125 million for India 2020 Fund II, which will invest in small- and medium-sized...
IFC to provide $25m to General Atlantic-backed Fourcee
International Finance Corporation (IFC), the private investment arm of the World Bank, will provide a loan of $25 million to Fourcee Infrastructure Equipments, an Indian logistics firm backed by General Atlantic (GA) and India Equity Partners.
IFC exits India's Kanoria Chemicals
International Finance Corporation (IFC), the World Bank's private investment arm, has sold its 10.88% stake in India’s Kanoria Chemicals, exiting at a small profit.
CX Partners invests in TSI’s India ATM business
CX Partners has invested INR1.2 billion ($23 million) in India ATM business of Transaction Solutions International (TSN), an electronic transactions specialist listed in Australia.
Cleantech: Moving beyond subsidies
With its reputation for lackluster returns and dependence of government support, investors have shied away from cleantech, but GPs are bullish about its ability to stand on its own feet
IFC invests $25m in Quadria Capital’s healthcare fund
International Finance Corporation (IFC), the private investment arm of the World Bank, is planning to invest $25 million into Quadria Capital’s $300 million private equity fund. The vehicle focuses primarily on healthcare sector assets across South...
IFC to anchor Fosun Pharma’s Hong Kong IPO
International Finance Corporation (IFC), the investment arm of the World Bank, is expected to anchor Shanghai Fosun Pharmaceutical’s Hong Kong IPO alongside Prudential Financial. The total cornerstone commitment is $75 million out of a targeted $600...
IFC to deploy up to $600m in Indonesia next year
International Finance Corporation (IFC), the investment arm of the World Bank, plans to deploy $400-600 million in Indonesia during the 2013 fiscal year, having committed $300 million to eight projects in 2012.
PE-backed Max India sells polypropylene film unit for $97m
Max India, which is backed by Goldman Sachs, International Financial Corporation (IFC) and Temasek Holdings, has sold its biaxially oriented polypropylene (BOPP) film division to Germany's Treofan for INR5.4 billion ($97 million). The divestment allows...
CLSA Capital Partners invests $15m in India's Earth Water
CLSA Capital Partners (CLSA CP) has invested $15 million for a 20% stake in New Delhi-based Earth Water Group (EWG), a water and wastewater management company.