Establishing equity fund
Implementation: The Commonwealth Equity Fund was established in 1990 to enable capital importing developing countries of the Commonwealth improve their access to private institutional portfolio investment on a long-term basis. It is capitalized at around US$ 60 million. The fund operates on a commercial basis with no official financial support. Investment is mainly in countries with established stock markets although up to 30% of capital may be invested in unquoted securities.
Type Classification: D: Detailed strategies