How Is Emerging Markets PE Performing?

The International Finance Corporation has been among the most significant backers of private equity funds in emerging markets. How has the IFC been rewarded by way of returns? Umberto Pisoni, Global Portfolio Head in the Private Equity & Investment Funds Department of the IFC, says his portfolio has generated a net IRR around 20%, mostly due to the performance of first-time managers in under-penetrated markets.

In a conversation with Privcap CEO David Snow, Pisoni shares statistical findings from the IFC’s private equity portfolio.