International Finance Corp., a member of the World Bank, is known for investing in debt in developing countries but for two decades, it also has been quietly investing in private equity funds that target emerging markets. But while institutional investor interest in the hot markets of Brazil, Russia, India and China began to boil in the past few months, IFC took a cool contrarian view and looked elsewhere in the developing world.

Posted by rjorr at May 28, 2009 3:44 PM