June 6, 2018 |
Brazil's national development bank BNDES and the IDB have hired Bozano Investimentos to manage a new $1.5bn infrastructure fund.
BNDES last month announced the formation of B2 Infra, saying it would cover at least 30% of the fund, while the IDB would put in 10%. The remaining 60%, or some $900m, will come from private investors, primarily institutional investors, BNDES said.
The new fund will provide loans for transportation, energy, water and wastewater and social infrastructure projects like
Bozano Investimentos will handle investments for the $1.5bn B2 Infra fund