International Finance Participation Trust (Cayman 2004)

Rest of the World Manufacturing, Infrastructure, Food and agriculture, Financial services, Communications and IT Services, Others, Other consumer services, Construction and real estate

Cordiant is a leading private debt fund manager, founded in 1999. It typically invests in emerging markets in Asia, Eastern Europe, Latin America, and Africa, focusing on South Africa, Nigeria, Egypt, East Africa, and Francophone West Africa.

The Canadian firm primarily invests in the infrastructure, financial services, consumer businesses, telecomms, power, mining, consumer goods, food and agribusiness, manufacturing, utilities, transport and chemical sectors.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Argentina, Azerbaijan, Brazil, Cambodia, Colombia, Democratic Republic of Congo, El Salvador, India, Panama, Yemen
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Communications and IT Services, Construction and real estate, Financial services, Food and agriculture, Infrastructure, Manufacturing, Other consumer services, Others
Website:
http://cordiantcap.com/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Cordiant
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
October 2005
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$100m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Cayman Islands

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Arabian Yemen Cement

Arabian Yemen Cement is a cement producer based in Yemen. It is building eastern Yemen s first cement plant.

View investment details

Yemen Rest of the World Manufacturing September 2008 Active
Real People Investment Holdings (Pty) Ltd

Real People is a specialist provider of credit, education and debt collection services in the mass, previously unbanked market sector in South and East Africa. It also provides cellular and education products.

View investment details

South Africa Africa, Southern Africa Financial services January 2011 Active
Helios Towers Nigeria Ltd

Helios Towers is the sole provider of tower sites on a leased basis in Nigeria and in all of Africa.

View investment details

Nigeria Africa, West Africa Communications and IT Services December 2014 Active