Skip to content

Industry News

DEG Commits US$12.5M to Enfoca Discovery 1 Fund

1 September 2010

(DEG) September 1, 2010 – The German development finance institution, DEG (Deutsche Investitions- und Entwicklungsgesellschaft,)  has committed US$12.5m to the ENFOCA Discovery 1 Fund. The fund will channel resources, primarily from international investors, to large and medium-sized Peruvian companies that are not listed on the stock exchange and that have favorable growth prospects. The fund is targeting total commitments of US$175m, after a first close of US$82.8m. It is managed by ENFOCA Inversiones.