PROJECT

Projects

Summary of Investment Information

Project Number

42245

Company Name

ADJUVANT GLOBAL HEALTH TECHNOLOGY FUND, LP

Date SPI Disclosed

Mar 1, 2019

Country

Africa Region

Region

Africa

Projected Board Date

Jun 5, 2019

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2024

Department

WBG People

Industry

Funds

Previous Events

Approved : Jun 5, 2019
Signed : Aug 19, 2019
Invested : Sep 3, 2019

Sector

Growth Equity Fund

Project Description

The proposed project entails an IFC equity commitment of up to US$20 million, not to exceed 20% of total commitments, in Adjuvant Global Health Technology Fund L.P. (“The Fund”), a 10-year closed-end fund raising US$200 million to make equity, mezzanine and debt investments in companies or projects developing solutions for overlooked public health challenges.                                                 

Associated Advisory Engagement

 No Advisory Services Engagement on this project.                                        

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation