Fund vehicle

IFC Catalyst Fund LP

Compiled from public sources

The IFC Catalyst Fund is a pioneering "fund-of-funds" and direct investment vehicle designed to mobilise institutional capital into resource efficiency and climate-related sectors in emerging markets. Launched to address the lack of private equity capital for climate-friendly projects, the fund invests in private equity funds that focus on renewable energy, energy efficiency, water, and sustainable agriculture, as well as making direct co-investments. Its primary purpose is to demonstrate the commercial viability of climate-related investments in developing nations, providing a "catalytic" effect by de-risking opportunities for commercial investors. The fund operates globally with a mandate to support the transition to low-carbon economies while achieving market-rate financial returns.

Manager

IFC Asset Management Company

Vintage

2012

Strategy

Private Equity

Target size

$500m

Size

$417.8m

Status

Exited