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OPIC Launches Global Call for New Investment Funds


November 1, 2011

WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today launched a call for proposals to manage new private equity investment funds in emerging markets worldwide. One of the agency’s broadest, most flexible calls ever, the initiative is intended to result in at least $400 million in OPIC financing for sustainable development globally, catalyzing hundreds of millions more in private sector investment.

The Global Engagement Call seeks qualified fund managers to invest in new, expanding or privatizing companies in any of the emerging markets where OPIC operates and across industry sectors.  It will be open to private equity, debt, mezzanine, fund-of-funds and hybrid fund strategies. Deadline for the submission of proposals is January 12, 2012.

“Opening the Global Engagement Call to a wide range of sectors and countries, as well as to growth equity, private equity, credit and fund-of-funds, will enable OPIC to engage qualified partners who bring diverse and innovative investment strategies to emerging markets,” said OPIC President and CEO Elizabeth Littlefield. “Ultimately, this call demonstrates OPIC’s role as a global, flexible, and innovative partner for private capital in emerging markets, helping to create capacity and new financing tools for sustainable development.”

Details of the call for proposals may be found on OPIC’s website at https://www.opic.gov/