World Bank Group's IFC Commits to Seraya Partners Fund II to Support Sustainable Infrastructure Development in Southeast Asia
Singapore, Feb. 25 -- To address critical infrastructure gaps in emerging markets in Southeast Asia, the International Finance Corporation ("IFC"), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has committed to Seraya Partners Fund II (the "Fund"), a private equity infrastructure fund managed by Seraya Partners.IFC's USD 25 million equity commitment anchors the Fund's Southeast Asia Emerging Markets sleeve, which targets investments that support decarbonisation, improved connectivity, and inclusive economic growth, with a core focus on Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Development impact will be monitored through indicators includ...
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