PROJECT

Projects

Summary of Investment Information

Project Number

33495

Company Name

BVCF III, LP

Date SPI Disclosed

May 20, 2013

Country

China

Region

East Asia and the Pacific

Projected Board Date

Aug 6, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 1, 2024

Department

CM4P4 - Regional Industry - MAS Asia & Pac/MAS Portfolio - E Asia & Pacific

Industry

Funds

Previous Events

Approved : Aug 6, 2013
Signed : Sep 15, 2013
Invested : Feb 24, 2014

Sector

Venture Capital Fund

Project Description

 IFC is proposing an equity investment in BVCF III, L.P. (the Fund), a private equity fund focusing on growth-stage Life Sciences and Healthcare companies in China.  The Fund will make equity investments in early- and growth-stage companies in a range of sectors, including pharmaceuticals, biotechnology, traditional Chinese medicine (TCM), medical technology, healthcare services, and industrial and environmental biotechnology.

Associated Advisory Engagement

  n/a                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation