Exclusive: IFC to invest $15m in HK-based Arbor Ventures' new fund

Exclusive: IFC to invest $15m in HK-based Arbor Ventures' new fund

Commercial towers at the financial Central district are seen behind a lion decoration in Hong Kong, China January 5, 2016. REUTERS/Bobby Yip

International Finance Corporation (IFC) will invest up to $15 million in Hong Kong-based venture capital firm Arbor Ventures $220-million new fund Arbor Venture Fund II.

IFC, an associate of The World Bank Group, is considering an equity investment as a limited partner. A significant portion of its investment will be used to support Arbor’s investments focused on Asia, IFC disclosed on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter