IFC Catalyst Fund

The IFC Catalyst Fund invests in private equity funds, platform companies, and co-investments focused on providing capital to renewable energy projects and to companies that develop resource-efficient, low-carbon products and services in the emerging markets

Fund facts

  • Size (US):

    $418 million
  • Vintage Year:

    2012
  • Sector:

    Resource Efficiency
  • Region:

    Global Emerging Markets

The IFC Catalyst Fund invests in private equity funds, platform companies, and co-investments focused on providing capital to renewable energy projects and to companies that develop resource-efficient, low-carbon products and services in the emerging markets

Investment Approach: 
Catalyst
Fund Family: 
show on page: 
Yes
Size: 
$418 million
Region: 
Global Emerging Markets
Sectors: 
Resource Efficiency
Vintage Year: 
2012
Back Ground Image: 

Fund team

Alain Berdugo

Head

Alain Berdugo

Head, Fund of Funds

Alain joined AMC in 2013 as a Principal with the AMC Fund of Funds Group. Prior to joining AMC, Alain was a director at Ardian (formerly AXA Private Equity) in Singapore. Alain’s prior experience includes working at Caisse de Depot et Placement du Quebec and CIBC.

 

Alain holds a BAA in Finance from University of Montreal, Hautes Etudes Commerciales (HEC) and a Diploma in Finance from Institut Universitaire de Technologie.

Laird Reed

Senior Investment Manager

Laird Reed

Senior Investment Manager, Fund of Funds

Prior to joining AMC in 2013, Laird was a consultant with IFC in the Private Equity Funds Group, a Managing Director at Détente LLC, President of Chastain, Inc., VP of Product Development at TexYard, and a consultant with Bain and Company.

 

Laird holds a BA in Psychology from Princeton, an MBA from Darden, University of Virginia and a Diploma in Politics and Economics from St. Catherine’s College, Oxford University.

Tatiana Chkourenko

Senior Investment Manager

Tatiana Chkourenko

Senior Investment Manager, Fund of Funds

Tatiana joined AMC in April 2013 as part of the AMC Fund of Funds Group. Prior to joining AMC, Tatiana worked on private equity fund investments at the Overseas Private Investment Corporation and the Inter-American Development Bank.  Her responsibilities included due diligence, manager selection, investments, portfolio monitoring, reporting, business development, and market research across emerging markets in Latin America, Asia, Africa, and CEE/CIS.  Previously, she worked at MSCI, a provider of benchmark indices and risk analytics products.

 

Tatiana holds a BA from Smith College, and a Masters degree in International Finance and Policy from Columbia University.  She is a CFA Charterholder.

Yue Meng

Senior Investment Manager

Yue Meng

Senior Investment Manager, Fund of Funds

Yue Joined AMC in February 2016 as part of the AMC Fund of Funds Group. Prior to joining AMC, Yue worked at the IFC Valuation team that oversees valuation of IFC equity, derivatives, debt securities and other fair valued instruments. Yue was instrumental in developing IFC’s valuation guidelines for private equity funds. Previously, she worked at a Chinese asset management company, responsible for investment due diligence, portfolio monitoring and market research. 

 

Yue holds a MA in Public Finance from University of Maryland and a BA/MA in Public Policy and Economics from Peking University (China).

Elena Iannaccone

Investment Manager

Elena Iannaccone

Investment Manager, Fund of Funds

Most recently, Elena was a VP at Blackstone, focused on integrating ESG and sustainable investing across the firm. Prior to Blackstone, she worked at Lion’s Head Global Partners, a boutique emerging markets investment bank focused on innovative finance. At LHGP, she led product development and fundraising of Otundi Ventures, a Pan-African, tech-enabled VC Fund focused on underrepresented founders, and structured a $50 million financing facility for social enterprises, incorporating concessionary finance into a blended fund to syndicate commercial co-investments. Before her graduate studies, Elena was an Analyst at AMC and a member of the Legal team at the Carlyle Group.

Elena holds a dual-MPA in International Finance & Development Economics from Columbia University and the London School of Economics, and a BA in International Political Economy and French from Smith College.

Tuknekah Noble

Investment Manager

Tuknekah Noble

Investment Manager, IFC Catalyst Fund

Tuknekah joined AMC in June 2024 from IFC’s Corporate Portfolio Management Team, where she focused on equity valuations in the infrastructure sector, PE Funds, and Tech.  Before joining IFC, she worked at GE Capital Energy Financial Services where she underwrote and managed the portfolio for investments in the renewable energy space.  Tuknekah has also worked in investment banking, equity research, and risk at several banks, including Citi and Credit Suisse.  She began her career as a development engineer in semiconductors at IBM.

 

Tuknekah holds an MBA from the Tuck School of Business at Dartmouth, an MPA from Harvard Kennedy School, and an SB in Chemical Engineering from MIT. 

Igor Djeri

Program Assistant

Igor Djeri

Program Assistant, Fund of Funds

Prior to joining AMC in 2016, Igor held several administrative positions across the World Bank Group including Corporate Planning and Analysis, Office of the Managing Director and World Bank Group CFO, and IBRD Corporate Finance. Igor has more than 19 years in various administrative roles including 4 years as an interpretor/translator in The British Council, World Bank Country Office in Serbia and EC Harris.

 

Igor holds a BA in English Language and Literature and from The Faculty of Philology at University of Belgrade, Serbia.

Portfolio

Investment Sector Country Status Investment Date
Africa Renewable Energy Fund Renewable Energy Africa Current April, 2018
Alcazar Energy Partners & Gaia Energy Limited Renewable Energy Middle East, Turkey & Africa Exited October, 2015
Americas Energy Fund II Clean Energy Renewable Energy Latin America Current April, 2015
Armstrong South East Asia Clean Energy Fund Renewable Energy South East Asia Current August, 2013
Asia Environmental Partners II Resource Efficiency Asia Current July, 2014
Carlyle China Rome Logistics Logistics (green warehouses) China Current December, 2017
China Environment Fund IV Resource Efficiency China Current August, 2013
Full Truck Alliance (Co-investment) Logistics China Current December, 2016
GRC SinoGreen Fund III Resource Efficiency China Current December, 2014
IndoSpace Logistics Parks III Logistics (green warehouses) India Current May, 2018
Latin Renewables Infrastructure Fund Renewable Energy Latin America Current January, 2014
Mainstream Renewable Power Africa Holdings/Lekela Renewable Energy Africa Current June, 2016
Renewable Energy Asia Fund II Renewable Energy Asia Current March, 2016
RMB Westport Real Estate Development Fund II Resource Efficiency Africa Exited February, 2017
TPG Alternative and Renewable Technologies Partners Resource Efficiency Global EM Current March, 2014

Company

Sector

Renewable Energy

Country

Africa

Status

Current

Investment Date

April, 2018

Sector

Renewable Energy

Country

Middle East, Turkey & Africa

Status

Exited

Investment Date

October, 2015

Sector

Renewable Energy

Country

Latin America

Status

Current

Investment Date

April, 2015

Sector

Renewable Energy

Country

South East Asia

Status

Current

Investment Date

August, 2013

Sector

Resource Efficiency

Country

Asia

Status

Current

Investment Date

July, 2014

Sector

Logistics (green warehouses)

Country

China

Status

Current

Investment Date

December, 2017

Sector

Resource Efficiency

Country

China

Status

Current

Investment Date

August, 2013

Sector

Logistics

Country

China

Status

Current

Investment Date

December, 2016

Sector

Resource Efficiency

Country

China

Status

Current

Investment Date

December, 2014

Sector

Logistics (green warehouses)

Country

India

Status

Current

Investment Date

May, 2018

Sector

Renewable Energy

Country

Latin America

Status

Current

Investment Date

January, 2014

Sector

Renewable Energy

Country

Africa

Status

Current

Investment Date

June, 2016

Sector

Renewable Energy

Country

Asia

Status

Current

Investment Date

March, 2016

Sector

Resource Efficiency

Country

Africa

Status

Exited

Investment Date

February, 2017

Sector

Resource Efficiency

Country

Global EM

Status

Current

Investment Date

March, 2014