IFC invests $60 Mn in Everstone Capital’s Fund V

The International Finance Corporation (IFC) has invested $60 million in Everstone Capital Partners V (Fund V), the latest private equity fund of Everstone Group, further strengthening its long-standing partnership with the firm.

The investment reflects IFC’s continued confidence in Everstone’s strategy of backing mid-market businesses across India and Southeast Asia. Fund V will focus on high-growth sectors including healthcare, technology, consumer goods, and financial services.

This marks IFC’s third consecutive investment with Everstone,…