IFC commits to invest $50m in Navis Capital's new $150m CLMV fund

IFC commits to invest $50m in Navis Capital's new $150m CLMV fund

Sule Pagoda, Yangon, Myanmar. Photo: Harish Shivaraman/Unsplash

International Finance Corporation (IFC) has approved a total commitment of $50 million to Kuala Lumpur-headquartered Navis Capital Partners’s new $150-million fund that is slated to invest in Cambodia, Laos, Myanmar and Vietnam (CLMV).