Thursday, May 31, 2007

IFC To Invest In Aloe Environment Fund And Samara Capital

International Finance Corporation(IFC), the multilateral investment arm of the World Bank, has decided to invest in two India focussed private equity funds - Aloe Environment Fund 2 (Aloe 2) and Samara Capital Partners Fund I Ltd (Samara Capital).

IFC has proposed to invest €15 million ($20 million) in Aloe & up to $10 million in Samara.

Contributor: Amit Sharda

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