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26-01-2016
Presentation to CMIC Mexico City, February 3rd, 2016 Lars Kruse, VP Latin America
Introduction to IFU and it's sister funds
IFU AS A FUND MANAGER
26-01-2016 Introduction to IFU and it's sister funds
Introduction to IFU and it's sister funds Presentation to CMIC - - PowerPoint PPT Presentation
Introduction to IFU and it's sister funds Presentation to CMIC - - PowerPoint PPT Presentation
Introduction to IFU and it's sister funds Presentation to CMIC Mexico City, February 3rd, 2016 Lars Kruse, VP Latin America 26-01-2016 IFU AS A FUND MANAGER 26-01-2016 Introduction to IFU and it's sister funds WHAT IS IFU? Independent
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155
WHAT IS IFU?
26-01-2016
Independent government-owned fund,
- perating on commercial terms
1967
investment countries
invested in share capital and loans
Provides risk capital and advice for projects having a Danish interest
150
Total contracted investments
- f more than
17
bn DKK
bn DKK
Introduction to IFU and it's sister funds
Leverage/mobilisation of capital: factor 9 Established in
Promotes economic and social progress in developing countries
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26-01-2016 Introduction to IFU and it's sister funds
Advice
- Evaluation of business plan
- Financial structure
- Legal set-up
- Partner negotiations
- Governance/CSR
- Access to local authorities
- Finding premises
Network & local presence
- Experience from 1200
investments in 150 countries
- Nine regional offices in Africa,
Asia and Latin America
- 44 local and regional advisers
- Experienced investment teams
Financing
- Risk sharing and long-term
- Investment horizon
- Share capital
- Loans
- Guarantees
- Investment period 6-8 years
- Agreed exit
Strategic partner
- Board work
- Strategic advice
- Additional financing
- CSR reporting
FOUR ELEMENTS IN IFU’S VALUE CREATION
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Project name Activity/ Product Danish partner IFU/ IØ/ IFV’s contracted participation Total disbursed (DKKm) Total
- utstanding
(DKKm) Expected total investment (DKKm) Expected direct employment (persons) Actual direct employment (active projects) Period Shares (DKKm) Loans (DKKm) Ghana Muk Air Air transport Muk Air 2.02 1.3 10.5 30 1997-2006 Maldives Maldivian Air Taxi Air transport Air Service International 2.5 2.5 4.8 25 1992-1999 Philippines Summit Air transport Sterling European 3.4 1.3 4.1 9.4 10 1975-1982 Latvia Air Baltic Corporation Air transport SAS 15.9 18.4 25.8 130.0 300 1995-2004 TOTAL projects: 4 21.2 22.3 33.7 0.0 154.7 365
Investments in Airlines / air transport
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26-01-2016 Introduction to IFU and it's sister funds
IFU IRR Mexico – close to 10%
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THANK YOU Lars Kruse VP Latin America Mail: lkr@ifu.dk
26-01-2016 Introduction to IFU and it's sister funds