Formed in 2009, AMC is IFC’s fund management business, managing third-party capital across seven funds that invest in IFC transactions in developing countries. AMC is a new model of development, using a strong governance structure and innovative business model to marry commercial capital with development finance.
AMC presents a unique opportunity for institutional investors to access IFC’s superior investment track record in emerging markets, its unparalleled network of in-country presence and expertise, and its strong investment pipeline. AMC also provides a robust governance framework which capitalizes on IFC’s strengths in identifying and structuring investment opportunities while maintaining requisite decision making independence as a manager of third-party funds with the attendant fiduciary duties.
As of December 2014, AMC had approximately US$7.8 billion of assets under management in seven funds and had committed approximately US$4.5 billion in 58 emerging market companies and 6 private equity funds. AMC’s investors include sovereign wealth funds, pension funds, bilateral and multilateral development finance institutions and other investors.