CDC: Private Equity

(asked on 17th July 2020) - View Source

Question to the Department for International Development:

To ask the Secretary of State for International Development, how much the CDC Group has invested via private equity funds in each of the last five years.


Answered by
James Duddridge Portrait
James Duddridge
This question was answered on 1st September 2020

CDCs invests through Private Equity Funds to provide growth capital to companies in Africa and South Asia to create jobs and transform economies, focussing on the small and mid-size companies that face the biggest financing gap.

CDC's backing for Fund managers helps promote the adoption of higher Environmental, Social and Governance standards and support the development of self-sustaining local finance markets.

In the last five years CDC made new investment commitments to private equity funds of:

  • 2015 - £238m
  • 2016 - £289m
  • 2017 - £273m
  • 2018 - £311m
  • 2019 - £284m.
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