December 11, 2009
The CAF says it is investing up to $40m in the Ashmore Colombia Infrastruct
The CAF says it is investing up to $40m in the Ashmore Colombia Infrastructure Fund, which aims to raise $500m. The PE fund will invest in transport, energy, water, communications and logistics projects in the country. In October, the IDB approved a $75m loan for the fund, which is managed by the Ashmore Group, the large EM investment management group, and Inverlink, a Colombian advisory firm.