Capria Fund LLC (IFC-41287)

Regions
  • 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
Proposed
Bank Risk Rating
FI
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.
Borrower
Capria Ventures LLC
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
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: http://ida.worldbank.org/

Investment Description
  • International Finance Corporation (IFC)

 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.        

Private Actors

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 
willp@capria.vc 

www.Capria.vc 

 

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/