November 8, 2018 |
NH Investment and IDB Invest have agreed to form a $300m fund to invest in South and Central America, particularly in the finance, energy and infrastructure sectors.
NH Investment, one of the largest securities firms in South Korea, will recruit institutional investors for the fund, alongside the French asset management firm Amundi. IDB Invest, the private sector division of the Inter-American Development Bank (IDB), will choose the the investments
The announcement of the new fund comes less
French asset management firm Amundi will also participate in the $300m fund