Capria Fund LLC (IFC-41287)

  • World
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Capria Ventures LLC
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 8.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Sep 3, 2018

Disclosed by Bank Jul 30, 2018

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Project Description

Capria Fund LLC, a Delaware series limited liability company, is targeting a US$100 million to finance:

(i) investments into fund management companies in emerging markets;

(ii) commitments into emerging market investment funds as a limited partner; and

(iii) direct investments into the entrepreneur-led local businesses invested into by selected fund managers.

The project will be additionally supported by the Blended Finance Facility of the IDA18 IFC-MIGA Private Sector Window, created by the Word Bank Group to catalyze private sector investment in International Development Association countries, with a focus on fragile and conflict-affected states.

More information on International Development Association countries can be found at:

Investment Description

 IFC proposes an equity investment of up to US$8 million, not to exceed 20% of total committed capital. IFC, acting as Implementing Entity of the IDA PSW BFF, will co-invest up to US$5 million in equity alongside IFC, not to exceed 20% of the Fund’s total capital commitments.        

Financial Intermediary
Financial Intermediary: A commercial bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description

The Fund will be managed by Capria Manager LLC, a Washington State limited liability company that contracts with Capria Ventures LLC, a global impact investment firm founded in 2012 to develop scaled and profitable risk capital funds in emerging markets. The Capria team is led by Dave Richards, Will Poole, Daniel Kranzler, and Jack Knellinger.      

Contact Information

Capria Ventures 
Will Poole 
Managing Partner 
+1 425 443 3123 



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