{"id":24583,"date":"2011-09-12T07:03:02","date_gmt":"2011-09-12T11:03:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24583"},"modified":"2011-09-12T08:54:08","modified_gmt":"2011-09-12T12:54:08","slug":"world-bank-to-invest-in-new-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2011\/world-bank-to-invest-in-new-hedge-fund.html","title":{"rendered":"New Hedge Fund Gets $100 Million From World Bank"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/09\/world-bank.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-24606\" title=\"world-bank\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/09\/world-bank.jpg\" alt=\"\" width=\"179\" height=\"165\" \/><\/a>New York (HedgeCo.net) &#8211; The World Bank&#8217;s private-sector lending arm, the International Finance Corp,\u00a0is investing$100 million in a new hedge fund recently launched by\u00a0Christofferson Robb &amp; Co, according to Reuters.<\/p>\n<p>The hedge fund, based in\u00a0London and New York, will &#8220;Put up cash to cover unexpected loan losses in return for a cut from the bank. The fund\u2019s cash will lower the banks\u2019 requirements under the Basel capital rules and reduce the impact of planned tighter rules. IFC hopes the fund will encourage an extra $2.5bn to $4bn of lending to developing countries. &#8221; FT reported.<\/p>\n<p>IFC\u00a0is the largest global development institution focused on the private sector in developing countries.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; The World Bank&#8217;s private-sector lending arm, the International Finance Corp,\u00a0is investing$100 million in a new hedge fund recently launched by\u00a0Christofferson Robb &amp; Co, according to Reuters. The hedge fund, based in\u00a0London and New York, will &#8220;Put [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16005,3],"tags":[],"class_list":["post-24583","post","type-post","status-publish","format-standard","hentry","category-developing-stories","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=24583"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24583\/revisions"}],"predecessor-version":[{"id":24585,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24583\/revisions\/24585"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}