Abraaj IFC Global Growth Markets Strategic Fund

active

The proposed projects entails forming a strategic partnership with the Abraaj Group (“Abraaj”) whereby IFC would commit to a number of Abraaj-managed private equity funds, spread across a number of growth market countries and sectors via an Abraaj-managed feeder vehicle established for this purpose. The proposal entails transferring to an Abraaj-managed feeder vehicle IFC’s potential commitment to the Abraaj Growth Markets Health Fund and Abraaj Turkey Fund which were disclosed on IFC’s website on December 16, 2013 and Mar 27, 2015, respectively through separate Summary of Investment Information, and IFC’s existing commitments to Abraaj North Africa Fund II and Abraaj Africa Fund III, each of which were disclosed on IFC’s website on June 13, 2014, and July 17, 2014 respectively through separate Summary of Investment Information. IFC intends to make additional commitments to other private equity funds managed by Abraaj through such vehicle, which will be disclosed on IFC’s website through separate Summary of Investment Information, once IFC is ready to proceed to appraisal stage on those funds.