IFC and Westly Group lead $21 mln round for Ioxus

By Iris Dorbian — 2 years ago

Ioxus said Monday that it has raised $21 million in funding. IFC and the Westly Group led the round. Based in Oneonta, NY, Ioxus is a maker of ultracapacitor technology for the transportation, alternative energy, medical, industrial and consumer product industries.


IFC Invests $50 Million in Credit Suisse Mexico Credit Opportunities Trust

By Angela Sormani — 2 years ago

IFC, a member of the World Bank Group, has invested $50 million in the Credit Suisse Mexico Credit Opportunities Trust, a fund that helps boost financing for local companies and deepen capital markets in Mexico. Credit Suisse, through its asset management business, several Mexican pension funds, and other investors, have collectively invested almost $500 million in the trust, bringing the total capital committed to approximately $550 million.


GRUPO SURA Acquires ING Lat Am Assets

By Angela Sormani — 4 years ago

Latin American pension fund provider GRUPO SURA has completed the acquisition of ING Group´s assets in Latin America, as initially announced on July 25 of this year. Global investor in growth companies General Atlantic will also take part in the deal with an investment of $300 million, joining Grupo Bolívar, IFC and Bancolombia. PRESS RELEASE […]