IFU ticks up annual net return expectations to 12-15% for second SDG fund

Business November 22, 2024 / By: Bjørn H Amland

The Danish impact investor IFU and four Danish pension funds agreed this week to establish the Danish SDG Investment Fund II. Total capital commitment in the first closing was DKK 2.7 billion. The fund will make equity investments in 20 companies in Africa, Asia and Latin America and expects an annual net return of 12-15 per cent.

Golomoti IFU SDG fund.jpg — JCM Power’s Golomoti project, a 20-megawatt solar power park in Malawi, is among the investments of the first Danish SDG Investment Fund and IFU. (Photo: IFU)

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IFU ticks up annual net return expectations to 12-15% for second SDG fund

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