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IFC preparing emerging-market public fund mandate

Jame DiBiasio
The International Finance Corporation is considering issuing mandates to third-party managers to bring $2.5 billion to frontier and emerging public markets.
IFC preparing emerging-market public fund mandate

The International Finance Corporation (IFC), the private-sector arm of the World Bank, is preparing a $500 million fund to invest in the public equities and debt of up to 50 emerging markets, according to documents seen by AsianInvestor.

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