January 24, 2020
IDB Invest could spend $15 million to cover 49% of capital commitments in the Latin America Venture Debt Growth Fund with SVB Financial Group and Partners for Growth (PFG), according to information on the multilateral lender's website.
The fund will provide structured debt to later stage companies in Latin America and the Caribbean in the software, technology, life sciences, healthcare and financial technology sectors, among others, according to IDB Invest.
The fund will make investments from $1
Multilateral lender could spend $15 mln to cover 49% of capital commitments in the debt fund