Project Description
The project involves a combined equity and debt investment of up to $10 million in Marco Polo Network Inc. (MPN), a Delaware Corporation, providing an automated trading platform to institutional investors and brokers trading emerging market securities. MPN operates a network that electronically links brokers around the world to facilitate cross-border trading, mainly into emerging market countries, which can enhance emerging market liquidity and overall market development.
The IFC investment will help MPN to grow its operations by:
- expanding its operating system and sales team and support personnel to meet existing client demand and add new functionalities; - expanding MPN’s coverage to a universe of “frontier” emerging market countries, which are not currently substantial destinations for global investors but have the potential to attract larger allocations of investor flows in the future.