The Corporation will also make an equity investment in The Central America Growth Fund, L.P., whose aim is to invest mainly in privately held small and middle-market growth-oriented companies in Central America and Panama. The fund, which has a target capitalization of $50 million, will invest in a broad spectrum of investment opportunities based on regional growth strategies, consolidation of fragmented industries, restructuring or recapturing of opportunities, and medium-size privatization and coinvestment opportunities with strategic investors.
The fund will target companies in the retail, food and beverage processing, manufacturing, media and telecom, tourism, and export industries that need long-term capital for capacity expansion.