IFC Global Infrastructure Fund

IFC Global Infrastructure Fund makes equity and equity-related infrastructure investments in companies focused on power, transportation, water, telecommunications, oil and gas midstream and downstream sectors

Fund facts

  • Size (US):

    $1.2 billion
  • Vintage Year:

    2013
  • Sector:

    Infrastructure
  • Region:

    Global Emerging Markets

IFC Global Infrastructure Fund makes equity and equity-related infrastructure investments in companies focused on power, transportation, water, telecommunications, oil and gas midstream and downstream sectors

Investment Approach: 
GIF Fund
Fund Family: 
show on page: 
Yes
Group Title: 
Size: 
$1.2 billion
Region: 
Global Emerging Markets
Sectors: 
Infrastructure
Vintage Year: 
2013
Back Ground Image: 

Fund team

Lovely Akomoize

Analyst

Lovely Akomoize

Analyst,

Lovely joined AMC in October 2020 as an Analyst. Before that, he worked as an analyst for a boutique infrastructure investment, advisory and project development firm in Nigeria.

 

Prior to that, Lovely worked in a leading indigenous private equity firm in Nigeria, where he was involved in equity investments and portfolio management across various industries including consumer, financial services, manufacturing, agribusiness, business services and education. Lovely has also completed the spring and summer analyst programs at Goldman Sachs and Bank of America in London respectively.

 

Lovely holds a BSc in Accounting from the University of Lagos. He is a CFA Level II candidate.

Inderbir Singh Dhingra

Head

Inderbir Singh Dhingra

Head, IFC Global Infrastructure Fund

Inderbir joined AMC in 2015. He has more than 19 years of experience in private equity and debt investments, equity research, and public policy. Prior to joining AMC, Inderbir held various positions in the Financial Institutions Group at IFC, including managing the South Asia portfolio and subsequently leading the direct equity investments across Asia Pacific. He has also worked at the World Bank in providing financial and advisory assistance to national and provincial governments in India and East Africa in the areas of SME financing, Infrastructure PPPs, Innovation Policy and Investment Climate. Prior to joining the World Bank Group, Inderbir served as a Vice President at Credit Suisse First Boston (CSFB) and Deutsche Bank, leading their Equities Research for the Pharmaceuticals, Telecom Services & Equipment, and Media sectors based in Mumbai.  He has published papers on Investment Climate in India, Infrastructure Finance, Public Private Partnership units, and Enhancing Innovation Finance through seed and early stage venture capital funding.

 

Inderbir holds an MBA equivalent from the Indian Institute of Management, Ahmedabad, a Bachelors in Commerce (Honors) from Shri Ram College of Commerce, Delhi University, and a Diploma in Business Finance from the Indian Chartered Financial Analyst Institute.

Joe Nanda

Investment Manager

Joe Nanda

Investment Manager, IFC Global Infrastructure Fund

Joe joined AMC in June 2016 as an Investment Manager with the IFC Global Infrastructure Fund. Prior to joining AMC, he was a Senior Specialist at Deloitte Financial Advisory Services focusing on power and infrastructure in emerging markets. Joe also held previous roles as a Special Projects Manager at Cummins Power Generation and an Equity Research Analyst at JPMorgan Chase in San Francisco.

 

Joe holds a Bachelor of Arts in Mathematics and Economics from Pomona College, and an MBA from the Stanford Graduate School of Business.

Portfolio

Investment Sector Country Status Investment Date
Aegea Saneamento S.A. Water & Sanitation Brazil Exited December, 2013
Azure Power Global Ltd. Power India Exited June, 2015
China Tian Lun Gas Holdings Ltd Gas Distribution China Exited February, 2015
Gama Enerji A.S. Power Turkey Partially Exited December, 2014
Hero Future Energies Global Ltd. Power India Current December, 2016
IHS Holding Ltd. Telecom Africa, Latin America and Middle East Current February, 2014
Internexa Participações S.A. Telecom Brazil Exited October, 2013
Nautilus Energy Partners Power Latin America & Caribbean Current December, 2016
Pacific Infrastructure Ventures, Inc. Transportation Colombia Exited July, 2013
Pipeline Investment Ltd. Midstream (Oil & Gas) Colombia Exited December, 2014

Company

Sector

Water & Sanitation

Country

Brazil

Status

Exited

Investment Date

December, 2013

Sector

Power

Country

India

Status

Exited

Investment Date

June, 2015

Sector

Gas Distribution

Country

China

Status

Exited

Investment Date

February, 2015

Sector

Power

Country

Turkey

Status

Partially Exited

Investment Date

December, 2014

Sector

Power

Country

India

Status

Current

Investment Date

December, 2016

Sector

Telecom

Country

Africa, Latin America and Middle East

Status

Current

Investment Date

February, 2014

Sector

Telecom

Country

Brazil

Status

Exited

Investment Date

October, 2013

Sector

Power

Country

Latin America & Caribbean

Status

Current

Investment Date

December, 2016

Sector

Transportation

Country

Colombia

Status

Exited

Investment Date

July, 2013

Sector

Midstream (Oil & Gas)

Country

Colombia

Status

Exited

Investment Date

December, 2014