Investments made by BII into this fund:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $40m | Africa, Asia, Europe, Latin America and the Caribbean | December 2025 | Active |
Allianz Credit Emerging Markets Fund
The Allianz Credit Emerging Markets fund (ACE) will support Paris Agreement goals with a focus on climate finance across Africa, Latin America and Asia. It is a blended finance fund in which development finance institutions (such as BII) and MDBs, have committed $150 million of catalytic capital for the junior tranche of the fund. This will significantly reduce volatility and support the return expectations for private investors, that will provide up to a further $850 million if the expected final close target of $1 billion is reached.