OPIC accepting proposals from fund managers for targeted projects

By Lisa Kerner

Charlotte, N.C., April 27 – The Overseas Private Investment Corporation (OPIC) announced its 2015 Global Engagement Call for Proposals for global development investment funds.

Fund managers seeking OPIC financing for private equity investment funds can submit proposals from May 11 through June 8, according to a news release.

OPIC, the U.S. government’s development finance institution, said it is targeting proposals from privately owned and managed funds with a total capitalization of more than $100 million.

The organization will select funds targeting projects in OPIC-eligible countries for new business development, existing company expansion, restructuring and/or privatization.

Among OPIC’s priority sectors are infrastructure improvements, clean energy, agriculture, clean water access and supporting small and medium enterprises.

“Private equity funds are essential tools for economic development in emerging markets,” OPIC president and chief financial officer Elizabeth Littlefield said in the release. “OPIC backs cutting-edge funds that can raise significant pools of smart capital and demonstrate that commercial returns and sustainable development go hand in hand.”

More information is available at www.opic.gov or by contacting OPIC’s Global Engagement Call team at gec@opic.gov.

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