IFC

IFC considers investment in Indian SME-focused fund

International Finance Corp. (IFC), the World Bank’s investment arm, may invest up to $20 million in Pragati India Fund, a vehicle targeting small- and medium-sized enterprises (SMEs) in India’s low income states. The fund is aiming to raise $75-100 million...

PE-backed Indian power companies plan solar plants

Adani Group, whose publicly listed power subsidiary is backed by 3i Group, has commissioned India’s largest solar power project in what is its first foray into the renewable energy sector. The project at Kutch in Gujarat has an initial capacity of 40...

IFC highlights focus on India

The International Finance Corp. (IFC), the World Bank’s investment arm, has reported that 8.8% of its total portfolio in 2011 is focused on India, marking the largest commitment to any one region.

Aloe 'to count IFC among LPs' in third fund

International Finance Corp. (IFC), the investment arm of the World Bank, is reportedly poised to join the LP roster for Aloe Private Equity's its third fund, Aloe Environment Fund III.

Asian infrastructure: Building blocks
Asian infrastructure: Building blocks

There is no denying the potential for infrastructure investment in Asia. Although the policies and structures governing private equity involvement are improving, it remains difficult terrain.

Tsing Capital backs solar panel maker Sunpreme

Tsing Capital has participated in a $50 million round of financing for existing portfolio company Sunpreme, a Silicon Valley-based solar cell manufacturer. The round was led by International Finance Corp. (IFC), the investment arm of the World Bank, and...