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Aloe III
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 30748
East Asia and Pacific Region
Sector1Private Equity/Venture Cap Fund - Regional
Environmental categoryFI
Date SPI disclosedNovember 23, 2011
Projected board dateJanuary 31, 2012
Previous EventsSigned: June 1, 2012
Approved: May 29, 2012
  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
Aloe Environment Fund III (“Aloe III” or the “Fund”) is a ten-year private equity fund that will make investments in companies whose main business activities sustain, restore and improve the environment. The companies will either be based in the developing countries of Asia or are planning to expand into these countries. Sectors of focus include clean energy, waste recycling and eco processes. The Fund has a target size between €200 million and €300 million and will be managed by Aloe Private Equity (“Aloe” or the “Fund Manager”).

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