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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

Azerbaijan may be included into a new for IFC Bank Recapitalization Fund

Posted on 17 February 2009

From Abc.az: The International Finance Corporation (IFC) has not determined the frames of package of crisis response initiatives to support the private sector in emerging markets hit by the global financial crisis and a Sovereign Funds Initiative which will enable IFC, a member of the World Bank Group, to raise and manage commercial capital from sovereign funds for equity investments in some of the poorest developing countries.

IFC Representative Aliya Azimova said that currently the criteria of selection of new Bank Recapitalization Fund members are being determined….. Full Article: Source


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