PROJECT

Projects

Summary of Investment Information

Project Number

33006

Company Name

GLOBAL HEALTH INVESTMENT FUND I, LLC

Date SPI Disclosed

Nov 6, 2012

Country

World Region

Region

Global

Projected Board Date

May 10, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2024

Department

WBG People

Industry

other

Previous Events

Approved : May 10, 2013
Signed : May 31, 2013
Invested : Jul 31, 2013

Sector

other

Project Description

 The project being proposed is a US$10mm equity investment in a mezzanine fund, the Global Health Investment Fund, LLC (“GHIF” or the “Fund”), sponsored by the Bill and Melinda Gates Foundation. GHIF is seeking to raise approximately US$100mm for the purpose of  improving global health. The Fund would support the development of drugs, vaccines, preventatives, diagnostics and other related technologies aimed at infectious diseases that cause significant morbidity and mortality in developing countries (e.g. neglected infectious diseases), as well as those that provide solutions for maternal, neonatal and child-health challenges.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation