IFC Capitalization (Sub Debt) Fund

IFC Capitalization (Sub Debt) Fund makes subordinated loans to systemic banks in developing countries

Fund facts

  • Size (US):

    $1.725 billion
  • Vintage Year:

    2009
  • Sector:

    Banks
  • Region:

    Global Emerging Markets

IFC Capitalization (Sub Debt) Fund makes subordinated loans to systemic banks in developing countries

Investment Approach: 
IFC CAP Sub-debt Fund
Fund Family: 
show on page: 
Yes
Size: 
$1.725 billion
Region: 
Global Emerging Markets
Sectors: 
Banks
Vintage Year: 
2009
Back Ground Image: 

Fund team

Jun Nitta

Head

Jun Nitta

Head, Financial Institutions Group Funds

Jun joined AMC in 2010 as a Senior Investment Manager with the IFC Capitalization Fund. Previously, Jun was a Vice President in the Investment Banking Division at JPMorgan in Tokyo and an Investment Officer in the Financial Institutions Group of IFC. Jun also worked in the Investment Banking Division at Deutsche Bank and at the Bank of Tokyo-Mitsubishi UFJ.  Jun is based in AMC's Singapore office.

 

Jun holds a BA in Political Science from Waseda University and an MBA from the Wharton School, University of Pennsylvania. 

Ioannis Mergos

Senior Investment Manager

Ioannis Mergos

Senior Investment Manager, Financial Institutions Group Funds

Ioannis joined AMC in 2013 as part of the IFC Capitalization Fund team. Prior to joining AMC, Ioannis was a Strategy Manager for GlaxoSmithKline, and a management consultant with The Boston Consulting Group.

 

Ioannis holds a BSc in Economic Theory from the Athens University of Economics and Business, an MBA from INSEAD, and an MPhil in Economics from the University of Oxford. 

Kenta Nakahira

Investment Manager

Kenta Nakahira

Investment Manager, Financial Institutions Group Funds

Kenta joined IFC as part of the Young Professionals Program in 2018 and worked for the Infrastructure Department, where he focused on equity investments.  Prior to IFC, Kenta was an Associate in the Principal Investment Group at the Development Bank of Japan (“DBJ”) and DBJ Investment Advisory, an in-house private equity fund, managed by external recruits on a commercial basis.  He started his career as an investment banking Analyst in the M&A Advisory Group at Barclays Capital. 

 

Kenta holds a BA in Economics from Keio University and an MBA from the Wharton School, University of Pennsylvania. 

Andreea Militaru

Associate

Andreea Militaru

Associate, Financial Institutions Group Funds

Andreea Militaru joined AMC in October 2016. Prior to joining AMC, Andreea worked as an analyst in IFC’s PPP Transaction Advisory team working with governments in Africa and Eastern Europe to develop infrastructure though Public-Private Partnerships. Andreea began her career at the World Bank Private Participation in Infrastructure Database where she focused on infrastructure investment trends in Eastern Europe and Central & Southern Asia.

 

Andreea holds a B.S in Economics (Honors) from Towson University and an M.A. in Economics from George Mason University. She is a CFA level II candidate.

Babita Shreshta

Senior Program Assistant

Babita Shreshta

Senior Program Assistant, Financial Institutions Group Funds

Babita joined AMC in January 2011. Babita joined IFC in April 1995 where she worked at the front office of the Sub-Saharan Africa department. In December 1995 she moved to the Central Asia, Middle East and North Africa department and from there to the Southern Europe & Central Asia (SECA) Department. During this time she provided assistance to the Directors office and was the back-up for the SECA HR Officer. In July 2002, Babita moved to Global Financial Markets where she provided administrative and secretarial support to the Associate Director, Global Financial Markets-Portfolio & Equity Team.

 

Babita holds a degree in Intermediate of Arts and Psychology.

Portfolio

Investment Sector Country Status Investment Date
ACLEDA Bank Plc Banking Cambodia Exited December, 2012
Ahli United Bank B.S.C. Banking Bahrain Exited March, 2011
Banca Transilvania S.A. Banking Romania Exited May, 2014
Banco BHD, S.A. Banking Dominican Republic Exited November, 2012
Banco Davivienda S.A. Banking Colombia Exited July, 2014
Banco de Finanzas, S.A. Nicaragua Banking Nicaragua Exited April, 2014
Banco Financiera Comercial Hondureña, S.A. Banking Honduras Exited June, 2011
Banco G&T Continental S.A. Banking Guatemala Exited December, 2012
Banco Interamericano De Finanzas, S.A. Banking Peru Exited June, 2014
Banco Itaú Colombia S.A. Banking Colombia Current March, 2014
Bank Audi SAL Banking Lebanon Current March, 2014
Bank Muscat SAOG Banking Oman Exited December, 2011
Bank of Georgia Banking Georgia Exited December, 2013
Commercial Bank of Ceylon PLC Banking Sri Lanka Current October, 2020
Ecobank Transnational Inc. Banking Africa Exited July, 2012
FirstRand Bank, Ltd. Banking South Africa Exited April, 2014
Khan Bank LLC Banking Mongolia Exited October, 2013
Vietnam Joint Stock Commercial Bank for Industry and Trade Banking Vietnam Exited January, 2011
XacBank LLC Banking Mongolia Exited June, 2012

Company

Sector

Banking

Country

Cambodia

Status

Exited

Investment Date

December, 2012

Sector

Banking

Country

Bahrain

Status

Exited

Investment Date

March, 2011

Sector

Banking

Country

Romania

Status

Exited

Investment Date

May, 2014

Sector

Banking

Country

Dominican Republic

Status

Exited

Investment Date

November, 2012

Sector

Banking

Country

Colombia

Status

Exited

Investment Date

July, 2014

Sector

Banking

Country

Nicaragua

Status

Exited

Investment Date

April, 2014

Sector

Banking

Country

Honduras

Status

Exited

Investment Date

June, 2011

Sector

Banking

Country

Guatemala

Status

Exited

Investment Date

December, 2012

Sector

Banking

Country

Peru

Status

Exited

Investment Date

June, 2014

Sector

Banking

Country

Colombia

Status

Current

Investment Date

March, 2014

Sector

Banking

Country

Lebanon

Status

Current

Investment Date

March, 2014

Sector

Banking

Country

Oman

Status

Exited

Investment Date

December, 2011

Sector

Banking

Country

Georgia

Status

Exited

Investment Date

December, 2013

Sector

Banking

Country

Sri Lanka

Status

Current

Investment Date

October, 2020

Sector

Banking

Country

Africa

Status

Exited

Investment Date

July, 2012

Sector

Banking

Country

South Africa

Status

Exited

Investment Date

April, 2014

Sector

Banking

Country

Mongolia

Status

Exited

Investment Date

October, 2013

Sector

Banking

Country

Vietnam

Status

Exited

Investment Date

January, 2011

Sector

Banking

Country

Mongolia

Status

Exited

Investment Date

June, 2012