Funds
Private equity and venture capital are critical to building dynamic, job-creating companies that drive prosperity, provide essential goods and services, and strengthen the middle class. IFC works with private equity funds in emerging markets to provide capital to companies and mobilize money for renewable energy, infrastructure, and other projects.
In FY19, we made about $1.1 billion in long-term investments in this sector, including $555 million mobilized from other investors.
FY19 Development Results
Numbers at the left end of each bar are the total number of companies rated.
Project Financing and Portfolio, by Industry
| Funds $ millions, for the year ending June 30 |
FY19 |
|---|---|
| Long-term investment commitments | 499 |
| Loans | – |
| Equity | 499 |
| Guarantees and risk management | – |
| Core mobilization* | 555 |
| Total commitments | 1,054 |
| Portfolio Exposure** for IFC's account | 4,950 |
| Committed portfolio for loan syndications*** | |
| Total committed portfolio | 4,950 |
* * Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC, Other Mobilization by Decision, and Public-Private Partnerships (PPP) Mobilization.
** Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.
*** No committed portfolio for loan syndications under Funds.
Development Reach
| Funds | Portfolio | ||
|---|---|---|---|
| CY17 | CY18 | ||
| Employment | 862,634 | 658,469 | |
| Female employment | 204,242 | 195,778 | |
| New Employment1 | 251,675 | 260,682 | |
| Payments to governments ($ millions) | 2,330 | 1,887 | |
| Number of SMEs reached (1) | 1,489 | 1,047 | |
| Number of investee companies with frontier exposure/IDA (1) | 789 | 746 | |
| Number of positive growth investee companies in sales (1) | 856 | 709 | |
1 Includes data from IFC clients that may not be mapped to this industry sector.
