IFC considers $15 million investment in IMG Fund I
The International Finance Corporation (IFC) has formally disclosed a proposed equity investment of up to $15 million in IMG Fund I, a growth equity fund dedicated to the Moroccan market. Managed by the independent Moroccan private equity firm IMG Capital, the fund is aiming for a total target size of MAD 1.5 billion (approximately $162 million) in total commitments. Fund Strategy and Investment Allocation IMG Fund I will deploy a generalist investment strategy designed to support and scale lower