International Finance Corporation
IFC prepares loan for Axis-backed infrastructure firm
An Indian infrastructure firm backed by Axis Private Equity is poised to secure a INR22.58 crore ($5 million) loan from the International Finance Corporation, the World Bank’s investment arm, according to Financial Chronicle.
IFC finances Indian cleantech project
IFC, the investment arm of the World Bank Group, has provided a $16 million loan to Gamesa Wind Turbines to fund the construction of a turbine-manufacturing facility, marking its first foray into India’s wind turbine sector.
IFC champions microsavings offerings
As more Indian banks look to expand their services to the growing middle class and the increasing number of high net worth individuals, the World Bank’s investment arm, International Finance Corporation (IFC), has made a case for microsavings in a new...
IFC invests in Indian wind power group
The World Bank’s IFC has continued its investment run in India, announcing that it will inject $15 million into power producer Simran Wind Project Private Limited, used for the company’s expansion.
IFC makes case for microsavings
In light of the controversy surrounding the merits of microlending to impoverished borrowers – which has largely been a commentary on some MFIs’ operations in India - a report from the World Bank’s investment arm, the International Finance Corporation...
Macquarie SBI nears Indian port investment - reports
Macquarie SBI Infrastructure Management is considering an INR1,000 ($220 million) investment into an unnamed Indian port manager, the Business Standard reported, which may be completed in the upcoming months from the group's nearly $1.5 billion Macquarie-SBI...
Kaizen gets IFC nod of approval
Indian education-focused private equity group Kaizen Private Equity is awaiting approval from the board for an investment from the International Finance Corporation. The debut fund is targeting $100 million for investments in and around the education...
India and the China Factor
While China and India are very different markets, what they do have in common is their competition for LP investment dollars by funds with a regional mandate.
The great India debate
Private equity investment deals in India may be tricky, expensive and atypical compared to the standard private equity model, but they are potentially lucrative and poised to become even more attractive.
ADB to invest $20 million in AmInvestment's Asia Water Fund
The Asian Development Bank (ADB) has announced that it will be committing $20 million to the Asia Water Fund, a vehicle backed by AmInvestment Group of Malaysia targeting investments into water and wastewater assets in mainland China and Southeast Asia.
New BCG/IESE study sees emerging markets "come of age" as returns improve
A new joint study released by the Boston Consulting Group and the IESE Business School, based on analysis of data from the International Finance Corporation (IFC), has highlighted the increasingly strengthening returns from private equity in emerging...
IFC supports China wind energy with Xinjiang Goldwind investment
The International Finance Corporation (IFC) has invested $75 million in Xinjiang Goldwind Science & Technology, as part of the runup to the wind turbine manufacturer’s IPO on the Hong Kong Stock Exchange.
Aureos, IFC among investors in Auro Mira Energy
Baring-backed Indian renewable energy firm Auro Mira Energy Company has received an extra $21 million from a consortium of investors made up of Aureos Capital, the World Bank’s International Finance Corporation (IFC) and ePlanet Ventures.
MD of Macquarie SBI departs fund
Managing Director of Macquarie SBI Infrastructure Management Ambalika Banerji has reportedly resigned her Mumbai-based post after eight years with the company.
IFC may invest $30 million into India's Kudos Chemie
The World Bank’s International Finance Corporation (IFC) is set to inject $30 million into fine chemicals maker Kudos Chemie Ltd., as part of a $135 million push to expand the company’s production capacity, according to local reports.
IFC leads $7 million financing round in Suvidhaa Infoserve
The World Bank’s International Finance Corporation (IFC) has led a $7 million round of funding into Suvidhaa Infoserve, with existing investors Norwest Venture Partners and Reliance Venture Asset Management also reportedly contributing to the financing.
IFC invests Attero Recycling as part of $8.3 million financing round
The World Bank’s International Finance Corporation (IFC) has participated in an $8.3 million round of funding for Indian e-waste recycling corporation Attero Recycling.
Asian Lion invests Mindoro Resources,
Mining-focused PE fund Asian Lion has upped its stake in mineral explorer Mindoro Resources from 7.52% to 7.84% after purchasing more than 1.9 million shares.
IFC may take 20% of microfinance firm Ananya
Indian microfinance firm Ananya Finance For Inclusive Growth is looking to raise $32 million in an effort to grow its operations, and may receive nearly 30% of that target from the World Bank’s International Financial Corporation (IFC), according to...
IFC, JBIC make joint PNG bank investment
The International Finance Corporation (IFC), the World Bank Group's private finance arm, and IFC Capitalization Fund, a $3 billion fund set up by IFC and the Japan Bank for International Cooperation, have jointly invested around $110 million in Bank South...
Limited Partner Q&A: International Finance Corporation
AVCJ’s Brian McLeod talks to David Wilton, CIO of the Private Equity and Investment Funds Department at the International Finance Corporation, the private finance arm of the World Bank
Bain goes for Mr. China’s ASIMCO
Bain Capital is to become the controlling shareholder of ASIMCO Technologies Ltd., the Beijing-based manufacture of automotive components made famous by the book ‘Mr. China,’ for $150 million.
IFC will inject $152 million in China wind power project
The International Finance Corporation (IFC) will inject $152 million as a long-term loan to Guazhou Xiehe Wind Power Co., Ltd., a project company invested by China WindPower (CW), a PRC-listed integrated wind power generation company.
IFC, FE Clean invest Bhilwara Energy
The International Finance Corporation (IFC) and Indian private equity firm FE Clean Energy have jointly invested $50 million 50:50 into Noida-headquartered Bhilwara Energy Ltd., a hydroelectric power and manufacturing group, for a 10.8% stake.