Print this pagePrint

Full List of Funds

Below is a list of OPIC's current funds, which are investing in developing countries and emerging markets around the world. For more information about specific funds, please contact the fund managers directly.

*OPIC support for this fund has been approved by OPIC's Board of Directors. Discussions are ongoing regarding the terms of OPIC's commitment to the fund.

Fund Name Address & Contact Numbers Fund Size
Countries or Region
Status Primary Investment Focus

Actis South Asia Fund 2, LP

Jonathan Bond
Actis Managing Partner
2 More London Riverside
London SE1 2JT, UK

+44-20-7234-5000
+44-20-7234-5298 Fax
jbond@act.is
www.act.is

$129 million
South Asia including Pakistan, Bangladesh, India & Sri Lanka

Divesting

Equity investments in management buy-outs/buy-ins, public equities, privatization, consolidation, and infrastructure investments.

*Africa Catalyst Fund

Richard Akwei
The Rohatyn Group Management LP
280 Park Avenue, 27th Floor
New York, NY 10017
Tel: 212 984 2926
richard.akwei@rohatyngroup.com

$300 million
Pan-Africa

Fundraising Investing in a portfolio of mezzanine finance, public and private equity, public debt, convertible bonds, and private loans to provide growth capital to small and mid sized enterprises in Africa.

*Africa Healthcare Fund

Tom Haslett
Seven Seas Capital
26 Baker Bridge Road
Lincoln, MA 01773
tom@sevenseascap.com
617-943-8301

$100 million
Sub-Saharan Africa

Fundraising Equity, debt or hybrid investments in small and medium sized private healthcare delivery businesses in Sub-Saharan Africa.

Africa Telecommunications, Media and Technology Fund

Richard Essex
East Africa Capital Partners
Loita House, 2nd Floor
Loita Street Nairobi, Kenya
+44 771 424 5275
richard.essex@pobox.com
http://www.eacp.co.ke

$100 million
East Africa

Fundraising/
Investing
Equity investments in East African technology, media and telecommunications companies.

*AfricInvest Fund II

Hakim Khelifa
Tuninvest
Immeuble Iris, Les
Berges de Lac, 1053
Tunis, Tunisia
+216 71 862 311
hakim.khelifa@africinvest.com
www.africinvest.com

$175 million
North Africa and Sub-Saharan Africa

Fundraising Equity investments in small and medium sized enterprises focusing on various industries including manufacturing, information technology, education, healthcare, tourism, and transportation and distribution.
AIC Caribbean Fund

Robert Almeida
Managing Partner
AIC International Investments, LLC
1375 Kerns Road
Burlington Ontario L7R 4X8, Canada
905-331-4242 ext. 4189
ralmeida@aic.com

$250 million
Caribbean

Investing

Equity and equity related investments with a focus on tourism, real property, telecomm, health care, energy, power, and financial services in the Caribbean region.

Alsis Latin America Fund, LP

Alfonso E. Montiel
Managing Partner
Alsis Funds, LLC
1680 Michigan Ave. Suite 1000
Miami Beach, FL  33139
305-393-8144
305-508-6706 Fax
amontiel@alsisfunds.com
www.alsisfunds.com

Currently $150 million
Latin America

 Already in operations. Starting next round of fundraising for additional $100 million. The Fund focuses on distressed opportunities in asset-backed structured transactions in Latin American markets, targeting equity level returns while maintaining fixed-income level risk protection. Alsis focus is the affordable housing sector in Latin America; it seeks to expand and advance local capital markets by securitizing mortgage pools targeted at both domestic and international investors.
*Altra Private Equity Fund I Dario Duran
Mauricio Camargo
Directors
Altra Investments Inc.
Cra 7 No. 71-52 Torre A, Oficina 901
Bogota, Colombia
+571-326-2440
+571-312-0540 Fax
dduran@altrainvestments.com
mcamargo@altrainvestments.com
$150 million
Colombia, Peru, Andean Region
Closed on $105 million in March 2009. Equity and equity related investments in established companies with proven business
models operating mainly in countries within the Andean Region.

Aqua International Partners

Kristin Horne
TPG Capital, L.P.
345 California St. #3300
San Francisco, CA 94104
(415) 743-1681
(415) 743-1504 Fax
khorne@tpg.com
www.tpg.com

$222.75 million
Global

Divesting Equity investments in operating and special purpose companies involved in the treatment, bulk supply and distribution of water in emerging market countries.

Asia Development Partners, L.P.

Jeffrey E. Glat
Managing Director & CFO
Olympus Capital Holdings Asia
485 Madison Ave., 18th Floor
New York, NY 10022
212-201-8533
212-201-8534 Fax
info@olympuscap.com
www.olympuscap.com

$150 million
Bangladesh, India, Indonesia, Laos, Korea, Philippines, Sri Lanka, Thailand, and Vietnam

Divested

Telecommunications, consumer products and financial services.

Asia Development Partners II, L.P. Jeffrey E. Glat
Managing Director & CFO
Olympus Capital Holdings Asia
485 Madison Ave., 18th Floor
New York, NY 10022
212-201-8533
212-201-8534 Fax
info@olympuscap.com
www.olympuscap.com
$100 million,
Asia with focus on India, Indonesia, Sri Lanka, and Thailand
Investing Growth equity investments in consumer products and financial services.
*Atlantic Coast Regional Fund

Mr. Papa Madiaw Ndiaye, CEO
Advanced Finance and Investment Group
1776 I Street, NW, 9th Floor
Washington, DC 2006
202-756-4782
202-318-2276 Fax
info@afigfunds.com
www.afigfunds.com

$150 million
West and Central Africa
Fundraising Investments in growth equity companies in West and Central Africa, with a core focus in Angola, Cameroon, Cote d’Ivoire, Democratic Republic of Congo, Gabon, Ghana, Nigeria and Senegal.
Bancroft Eastern Europe Fund

Fred Martin
President
Bancroft Private Equity, LLP
195 Brompton Road
London SW3 1NE, UK
44-20-7823-9222
44-20-7589-3442 Fax
martin@bancroftgroup.com
www.bancroftgroup.com

$95.3 million
Central Europe

Divesting Equity investments in distribution networks, basic manufacturing, consumer goods and related service networks.

Capital Alliance Property Investment Company

Obi Nwogugu
Capital Alliance Nigeria
8th Floor, C&C Towers
Plot 1684, Sanusi Fafunwa St.
Vicotria Island,Lagos, Nigeria
+234-1-270-6909-10
+234-1-270-6908 Fax
obi.nwogugu@aca-web.com
www.aca-web.com

$200 million
West Africa

Fundraising/
Investing

Multi-product real estate fund investingin residential, commercial, retail, mixed-use and hospitality development projects and companies.

*Catalyst Private Equity Fund Ennis Rimawi
Managing Partner
Catalyst Private Equity
Hajabi Complex, Office 3
Amman 11821, Jordan
+962-6-581-3411
ennisr@catalystpe.com
http://www.catalystpe.com
$100 million
Middle East/North Africa
Fundraising/ Investing Equity investments in small-and mid-cap companies in Energy and Water Industrial and Technology sectors in Jordan, Lebanon, Egypt, West Bank and certain OPIC-eligible MENA countries.
Clearwater Capital Investments II, L.P.

Robert Petty
Clearwater Capital Partners, LLC
485 Madison Avenue
18th Floor
New York, NY 10022
212-201-8544
212-201-8548 Fax
ClearwaterCapitalPartners@clearwatercp.com
www.clearwatercapitalpartners.com

$150 million
Asia

Investing Investments in debt of distressed companies .
Darby-BBVA Latin America Private Equity Fund, LP

Julio F. Lastres
Senior Managing Director
Darby Overseas Investments, Ltd.
1133 Connecticut Ave., N.W.
Suite 400
Washington, DC 20036
202-872-0500
202-872-1816 Fax
jlastres@doil.com
www.darbyoverseas.com

$175 million
Latin America

Divesting Equity investments in media and communications, transportation, consumer goods, housing, energy, and non-bank financial services.
Darby ProBanco Fund II

Alejandro Schwedhelm
Managing Director
Darby Overseas Investments, Ltd.
1133 Connecticut Ave., N.W.
Suite 400
Washington, DC 20036
202-872-0500
202-872-1818 Fax
aschwedhelm@doil.com
www.darbyoverseas.com

$105 million Fundraising/
Investing
Equity investments in financial services, financial intermediaries, banks and non-banks.
Draper International India

William H. Draper, III
Managing Director
Draper International
50 California Street
Suite 2925
San Francisco, CA 94111
415-616-4050
415-616-4060 Fax
bill@draperrichards.com
www.draperrichards.com

$55 million
India

Divesting Equity investments in various industries including consumer products, technology, and services.
ECP Africa Fund II, PCC

Thomas Gibian
Chief Executive Officer
Emerging Capital Partners
1602 L Street, NW,
6th Floor
Washington, DC 20036
202-280-6200
202-331-8255 Fax
gibiant@ecpinvestments.com
www.ecpinvestments.com

$523 million
Sub-Saharan Africa

Investing Equity investments in industries including telecommunications, oil & gas, power, transportation, agribusiness, media, financial services and manufacturing.
*ECP Africa Fund III, PCC Thomas Gibian
Chief Executive Officer
Emerging Capital Partners
1602 L Street, NW,
6th Floor
Washington, DC 20036
202-280-6200
202-331-8255 Fax
gibiant@ecpinvestments.com
www.ecpinvestments.com
$800 million
Pan-Africa
Fundraising Equity investments in a diversified portfolio of industries including telecommunications, financial services, energy, mining, agribusiness, transportation, distribution, and logistics sectors. Media, healthcare, and consumer products may also comprise a portion of the Fund’s portfolio.
ECP MENA Fund

Vincent Le Guennou
Executive Vice President
Emerging Capital Partners
1602 L Street, NW,
6th Floor
Washington, DC 20036
202-280-6200
202-331-8255 Fax
leguennouv@ecpinvestments.com
www.ecpinvestments.com

$225 million
Middle East
& North Africa

Fundraising Equity investments in industries including telecommunications, oil & gas, power, transportation, agribusiness, media, financial services and manufacturing.
Ethos Fund V

J.N. (Bill) Ashmore
Partner
Ethos Private Equity Limited
35 Fricker Road
2196 Illovo, South Africa
27-11-328-7414
27-11-328-7410 Fax
bashmore@ethos.co.za
www.ethos.co.za

$750 million
South Africa and other countries in sub-Saharan Africa

Investing Equity investments in various industry including manufacturing, consumer products and services companies.
EuroMENA Fund II Romen Mathieu
Managing Director, EuroMena FMC
C/O Capital Trust S.A.
Luxembourg – Representative Office
Starco Center
Bloc C, 8th floor
Beirut, PO Box 11-439
Lebanon
+9611 (0) 368 968
+9611 (0) 683 24 Fax
www.capitaltrustltd.com
$300 million
Middle East/North Africa
Fundraising Equity and equity-related investments in private companies in OPIC-eligible countries in the Middle East and North Africa, with a primary focus on Lebanon, Jordan, Morocco, and Egypt.
*FE Global Clean Energy Services Fund IV George Sorenson
Chairman
FE Clean Energy Fund Group Inc.
22 Thorndal Circle
Darien, CT 06870
203-662-9293
203-662-9297 Fax
gsorenson@fecleanenergy.com
www.fecleanenergy.com
$250 million
South/SE Asia, Central & Eastern Europe, Latin America
First closing December 2007 at $150 million. Fundraising continuing on remainder. Equity and equity-related investments in entities that utilize clean, renewable energy, and/or energy efficient emission reduction technologies for the renewable energy and energy efficiency sectors throughout all targeted geographies.
Foursan Capital Partners I
Nashat Masri
Partner
Foursan Group Holdings Inc.
P.O. Box 14354
Amman, 11814 Jordan
+962-6-562-4562
nashat@4san.com
www.4san.com
$150 million
Jordan
Fundraising Growth equity investment strategy focusing on small and medium size businesses in Jordan.

*GEF Africa Growth Fund

H. Jeffrey Leonard
President
GEF Management Corp.
5471 Wisconsin Avenue, Suite 300
Chevy Chase, MD 20815
240-482-8900
240-482-8908 Fax
jleonard@globalenvironmentfund.com
www.globalenvironmentfund.com

$150 million
Pan-Africa

Fundraising

Fund targeting the consumer goods and services sector, including companies engaged in logistics support, distribution and transportation, light manufacturing, and agro-processing.

*GEF South Asia Clean Energy Fund Stuart Barkoff
Managing Director
GEF Management Corp.
5471 Wisconsin Avenue, Suite 300
Chevy Chase, MD 20815
240-482-8896
240-482-8908 Fax
sbarkoff@globalenvironmentfund.com
www.globalenvironmentfund.com
$300 million
India/Pan-South Asia
Fundraising Equity and equity-related investments in solar, wind, hydropower, biofuels, natural gas, energy efficiency, batteries, and green information technologies, transportation, water, and green buildings. The Fund will focus on companies that service the renewable energy value chain.

Global Environment Emerging Markets Fund

H. Jeffrey Leonard
President
GEF Management Corp.
5471 Wisconsin Avenue, Suite 300
Chevy Chase, MD 20815
240-482-8900
240-482-8908 Fax
jleonard@globalenvironmentfund.com
www.globalenvironmentfund.com

$66.7 million
Global

Divesting

Equity investments in environment-oriented sectors relating to the developing, financing, operating or supplying of infrastructure relating to clean energy and water.

Global Environment Emerging Markets Fund, II

H. Jeffrey Leonard
President
GEF Management Corp.
5471 Wisconsin Avenue, Suite 300
Chevy Chase, MD 20815
240-482-8900
240-482-8908 Fax
jleonard@globalenvironmentfund.com
www.globalenvironmentfund.com

$120 million
Global
Divesting Equity investments in environment-oriented sectors relating to the developing, financing, operating or supplying of infrastructure relating to clean energy and water.
Great Circle Fund, LP

Hew Crooks
Paul Rapello
Managing Directors
Great Circle Capital, LLC
One Atlantic Street
Stamford, CT 06901
203 323-4363
203 323-4364 Fax
hcrooks@greatcirclecapital.com
prapello@greatcirclecapital.com
www.greatcirclecapital.com

$180 million
Global

Investing Equity investments in transportation and transportation related infrastructure and services in Russia, CIS, Central and Eastern Europe and Turkey.
Greylock Africa Opportunity Fund I Willem J. Humes
Managing Partner
Greylock Capital Management
99 Park Avenue, 11th Floor
New York, NY 10016
212-808-1800
212-808-1801 Fax
hhumes@greylockcapital.com
www.greylockcapital.com
$200 million
Pan-Africa
Fundraising Corporate, mezzanine, convertible, and sovereign debt, as well as private equity investments in various industries including telecommunications, finance and banking, agribusiness, tourism, real estate, natural resources, and energy.
*Greylock Latin America Opportunity Fund Willem J. Humes
Managing Partner
Greylock Capital Management
99 Park Avenue, 11th Floor
New York, NY 10016
212-808-1800
212-808-1801 Fax
hhumes@greylockcapital.com
www.greylockcapital.com
$450 million
CAFTA-DR, Colombia, Peru
Fundraising Debt, equity, hybrid, and equity-related investments throughout numerous secotrs including, but not limited to, telecommunications, finance and banking, agribusiness, tourism, real estate,
natural resources, and energy.
Helios Sub-Saharan Africa Fund I, Ltd.

Tope Lawani
Managing Partner
Helios Investment Partners
3rd Floor
70-71 New Bond Street
London W1S 1DE, UK
+44-(20)-7318-5820
+44-(20)-7318-5830 Fax
www.heliosllp.com

$305 million
Sub-Saharan Africa

Investing Equity investments invarious industries, including financial services, telecom, manufacturing, infrastructureand other service industries.
India Private Equity Fund

Peter L. Martin
Executive Director,
Private Equity Funds Group
CIBC World Markets Corp.
161 Bay Street, 8th Floor
Toronto, Ontario M5J 2S8 Canada
416 594-7506
416 594-8024 Fax

$140 million
India

Divesting Equity investments in consumer goods, basic manufacturing, banking and information technology.

*InfraCo Sub-Sahara Infrastructure Fund

Gad Cohen

InfraCo Management Services, Ltd.
902 Broadway, Suite 1611
New York, NY 10010
917-495-0202
212-475-2392 Fax
gad.cohen@infraco.com
www.infraco.com
 

$300 million
Pan-Africa

Fundraising

Fund targeting Greenfield development opportunities within the infrastructure sector, including:  power, water, sewage, and transportation.

Latin Power III, L.P.

J. Scott Swensen
Conduit Capital Partners, LLC
488 Madison Avenue
New York, New York 10022
212-485-8900
212-485-8939 Fax
scott.swensen@conduitcap.com
www.conduitcap.com

$392  million
Latin America and the Caribbean

Investing

Equity investments in independent power projects (“IPPs”) in Latin America and the Caribbean with a focus on renewable energy and Mexico.

*Middle East & Asia Capital Partners Clean Energy Fund II Mumtaz Khan
Chief Executive Officer
Middle East & Asia Capital Partners
Sinapore Land Tower
37th Floor
50 Raffles Place
Singapore 048623
+65-6829-7204
+65-6829-7294 Fax
mumtaz.khan@meacp.com
www.meacp.com
$150 million
Pan-Asia
Fundraising Equity and equity-related investments in greenfield projects, brownfield / expansion opportunities, privatizations, financial restructurings, and platform companies. Targeted sectors are geothermal, biofuels, energy efficiency, small hydro, solar and wind.
Millennium Global Africa Opportunities Fund

Dianna Raedle
Millennium Global Asset Management, LLC
75 Rockefeller Plaza
New York, NY 10019
draedle@millenniumgloballlc.com
www.millenniumglobal.com

$300 million
Pan-Africa

Fundraising Investing in a wide range of public and private, debt and equity strategies in Africa, focusing on the natural resources, telecom, energy, infrastructure, financials and manufacturing sectors.
New Century Capital Partners, L.P.

George Rohr
President
NCH Advisors
712 Fifth Avenue, 46th Floor
New York, NY 10019-4108
212-641-3200
212-641-3201 Fax
george@nchcapital.com
www.nchcapital.com

$250 million
Ukraine, Belarus, Estonia, Georgia, Kazakstan, Latvia, Lithuania, Moldova, Romania and Bulgaria, Russia

Divesting Equity investments in consumer products, financial services, and real estate.
Paladin Realty Eurasia Investors L.P. Philip Fitzgerald, Fred Gortner
Paladin Realty Partners, LLC
10880 Wilshire Blvd.
Suite 1400
Los Angeles, CA  90024
310-996-8766
310-996-8708 Fax
pfitzgerald@paladinrp.com
fgortner@paladinrp.com
www.paladinrp.com
$200 million
Turkey
Fundraising Equity or equity-related investments in new, expanding or other entities owning, financing, managing or developing real estate projects in the Republic of Turkey
Paladin Realty Latin America Investors II, LP Philip Fitzgerald, Fred Gortner
Paladin Realty Partners, LLC
10880 Wilshire Blvd.
Suite 1400
Los Angeles, CA  90024
310-996-8766
310-996-8708 Fax
pfitzgerald@paladinrp.com
fgortner@paladinrp.com
www.paladinrp.com
$200 million
Latin America
Investing Equity investments in housing and real estate projects, with an emphasis on joint venturing with local developers via platform companies.
Paladin Realty Latin America Investors III, LP Philip Fitzgerald, Fred Gortner
Paladin Realty Partners, LLC
10880 Wilshire Blvd.
Suite 1400
Los Angeles, CA  90024
310-996-8766
310-996-8708 Fax
pfitzgerald@paladinrp.com
fgortner@paladinrp.com
www.paladinrp.com
$500 million
Latin America
Fundraising/
Investing
Equity investments in housing and real estate projects, with an emphasis on joint venturing with local developers via platform companies.
Russia Partners
A & B
Drew Guff
Managing Director
Siguler, Guff & Co.
825 Third Avenue, 29th Floor
New York, NY  10022
212-332-5100
212-332-5120 Fax
drewg@sigulerguff.com
www.sigulerguff.com
$155 million
Russia/NIS
Divesting Equity investments in natural resource-related companies, telecommunications, light manufacturing and consumer products and services.
Russia Partners II “O” Series, LP Drew Guff
Managing Director
Siguler, Guff & Co.
825 Third Avenue, 29th Floor
New York, NY  10022
212-332-5100
212-332-5120 Fax
drewg@sigulerguff.com
www.sigulerguff.com
$335 million
Russia/NIS
Investing Equity investments in diversified manufacturing, financial and service industries.
South Africa Workforce Housing Fund Soula Proxenos
Managing Director
International Housing Solutions
269 Oxford Road
1st Floor, North Wing
Illovo, 2196
Johannesburg, South Africa
+44 (0) 7774 741 841 Cell
+27 (0) 11 268-5166 South Africa Office
+27 (0) 11 268-0566 Fax
soula.proxenos@intlhousingsolutions.com
www.intlhousingsolutions.com
$1,120 million ZAR ($240
million equivalent)
South Africa
Fundraising/ Investing Equity investments in individual housing developments and in companies that contribute to the development and affordability of residential housing at any point along the value chain, including development and housing finance companies, mortgage banking companies, and secondary mortgage market makers.
Southeast Europe Equity Fund II

Ronald O. Drake
Chairman
Bedminster Capital Mgmt LLC
161 Cherry Street
New Canaan, CT  06840
203-972-0666
203-621-3097 Fax
rdrake@bedminstercapital.com

Offices in Belgrade, Bucharest, Istanbul, Sofia, Vienna.

$320 million
Southeast Europe and Turkey
Investing Equity investments in communications, healthcare, consumer and financial service industries.
*Standard Africa Debt Fund Kevin Colglazier
Chief Investment Officer
Standard Asset Management
Cannon Bridge House
25 Dowgate Hill
London EC4R 2SB, UK
+44 207 815 3803
Kevin.Colglazier@standardbank.com
www.standardassetmanagement.com
$100 million
Pan-Africa
Fundraising Invest in a wide range of public and private debt instruments in Africa.
*USRG Emerging Market Fund Lee Bailey
Managing Director
US Renewables Group
2425 Olympic Boulevard
Suite 4050 West
Santa Monica, CA 90404
310-586-3900
310-586-3901 Fax
lee@usregroup.com
www.usregroup.com
$300 million
Global
Fundraising Equity and equity-related investments in renewable power generation (including biomass, geothermal, solar, landfill methane and wind projects), clean fuels (including ethanol and biodiesel projects),, and renewable energy value chain investments and infrastructure.