Allianz Global investors target $1bn for blended finance debt fund
Allianz Global Investors recently said it is looking to raise $1bn for its third blended finance debt fund, a mix of concessional and institutional capital seen as a crucial route to scaling up private investment in emerging economies, DailyTimeNGR gathered.
Blended finance is also a key focus for world leaders at the COP27 climate talks in Egypt starting this, as policymakers look to address the historic shortfall in climate-related finance in emerging markets.
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The Allianz Climate Solutions Emerging Markets strategy, which AllianzGI will manage, will include investment from its parent, German insurer Allianz, as well as an unknown regional development finance institution.
