Pensioenfonds Vervoer has agreed a capital commitment of $300m to SDG-focused emerging market private credit manager ILX Management’s ILX Fund I, according to a report by IPE.
The investment, made by Achmea Investment Management on behalf of Vervoer, has pushed
Total commitments to ILX Fund I have now topped $1.05 billion, following Vervoer’s investment, which was made on its behalf by Achema Investment Management. The fund also secured a $750m commitment from APG Asset Management in January 2022.
The commitment to ILK Fund I allows Vervoer to support the sustainable development and climate finance agenda of ultilateral development banks (MDBs) and other development finance institutions (DFIs) across emerging markets and developing economies. The fund focuses on four key sustainability themes: energy access and renewable energy; sustainable industry and infrastructure; inclusive access to finance and safeguarding sustainable food security.
