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Sovereign Wealth Funds Briefing - Categorized | Investment

IFC to raise $1bln for LatAm, Africa Fund

Posted on 06 October 2009

The World Bank’s investment arm is aiming to raise up to $1 billion from sovereign wealth funds and pension funds.

The IFC, which will invest through private equity firms and banks such as HSBC Holdings, is also planning a $5.5 billion initiative to acquire distressed assets from banks in emerging countries……………….Full Press Release: Source

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