About the Global Private Equity Conference
For over 20 years, the IFC and EMPEA have been convening private investors and asset managers from across the globe in Washington, D.C. to connect and learn from the leading voices in the industry. Given the global pandemic, we’re excited to take GPEC virtual and bring the world of private equity investments to you. Join us to stay engaged, learn the latest industry trends and market insights, hear from its leading investors and connect with this community of active private investors to further your business.
IFC is the largest global development institution focused on the private sector in developing countries. A member of the World Bank Group, IFC advances economic development and improves the lives of people by encouraging the growth of the private sector in these countries. We achieve this by creating new markets, mobilizing other investors, and sharing expertise. In doing so, we create jobs and raise living standards, especially for the poor and vulnerable. Our work supports the World Bank Group’s twin goals of ending extreme poverty and boosting shared prosperity. Founded in 1956 on the bold idea that the private sector has the potential to transform developing countries, IFC has since expanded to more than 100 countries, coining the term “emerging markets” and pioneering new markets such as sustainable bonds. The first pillar of IFC’s 3.0 strategy is creating markets. Under this strategy, we’re increasingly working “Upstream,” getting involved earlier in the project-development cycle to seed investment opportunities, in some cases working to create markets where none existed. This approach addresses one of the biggest obstacles to nurturing the private sector in developing countries: the lack of projects with enough financial backing and business promise to be considered “bankable” by international investors. Rather than sitting back, we’re intervening to create the conditions for promising projects. The second pillar of IFC 3.0 is to mobilize more private capital for development purposes, especially in low-income countries and those affected by fragility and conflict. Our development of the Operating Principles for Impact Management is helping forge a common standard for investments that target measurable positive social, economic or environmental impact alongside financial returns. IFC also brings a distinctive set of advantages in working with the private sector in the world’s most challenging markets. These include a history of innovation, a mandate for global influence and a determination to achieve measurable development impact. Its willingness to engage in difficult environments and its leadership in crowding-in private finance enable the organization to extend its footprint and have a development impact beyond its direct resources.
EMPEA is the global industry association for private capital in emerging markets. An independent, non-profit organization, the association brings together 300+ firms—including institutional investors, fund managers, and industry advisors—who manage more than USD5 trillion in assets across 130 countries. EMPEA supports its members globally through research and intelligence, investor meetings, education, and advocacy.