IFC Invests US$10 Million to Grow and Improve Small Businesses Across Central America (Latin America)

Source: International Finance Corporation

International Finance Corporation (IFC) is investing up to US$10 million in CoreCo Central America Fund I, a private equity fund managed by Central America-focused private equity firm CoreCo Holding. The fund, which is targeting total commitments of US$65 million, plans to invest in small and medium enterprises, particularly in underserved sectors such as healthcare, information technology, retail, and financial and business services.