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ADM partners IFC on lending fund, targets $200m

Joe Marsh
The private-sector arm of the World Bank has handed $50 million in seed money to the Asia-focused platform, which aims to provide low-double-digit annual returns over its eight-year term.
ADM partners IFC on lending fund, targets $200m

ADM Capital, a Hong Kong-based private credit manager, is looking to raise $200 million for a lending platform in Asia, having already secured $50 million from IFC, the private-sector arm of the World Bank, and $50 million from another institution.

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