CDC: Private Equity

Department for International Development written question – answered on 1st September 2020.

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Photo of Preet Kaur Gill Preet Kaur Gill Shadow Secretary of State for International Development

To ask the Secretary of State for International Development, how much the CDC Group has invested via private equity funds in each of the last five years.

Photo of James Duddridge James Duddridge Parliamentary Under-Secretary (Foreign and Commonwealth Office) (Joint with the Department for International Development)

CDCs invests through Private Equity Funds to provide growth capital to companies in Africa and South Asia to create jobs and transform economies, focussing on the small and mid-size companies that face the biggest financing gap.

CDC's backing for Fund managers helps promote the adoption of higher Environmental, Social and Governance standards and support the development of self-sustaining local finance markets.

In the last five years CDC made new investment commitments to private equity funds of:

  • 2015 - £238m
  • 2016 - £289m
  • 2017 - £273m
  • 2018 - £311m
  • 2019 - £284m.

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