Published: August 10, 2017
The World Bank’s private investment arm signed a US$500m deal with Eastspring Investments in July.
The International Finance Corporation has signed an agreement with Eastspring Investments, the Asian asset management arm of the UK insurer Prudential, to invest US$500mn into emerging market infrastructure.
The capital will be deployed through the IFC’s Managed Co-Lending Portfolio Programme, a pooled loan fund that is trying to raise US$5bn to plug a perennial gap in finance for infrastructure in the developing world.
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