The International Finance Corporation (IFC) is considering an investment of up to $30 million in a Colombian private debt fund managed by Vinci Compass to expand access to long-term financing for medium-sized and commercial enterprises, according to a project disclosure seen by CrowdFund Insider.
The proposed investment consists of up to $30 million equivalent in Colombian pesos, or up to 20% of total commitments in Compartimento Deuda of Fondo de Deuda Corporativa Local Colombia – COPCO I, a closed-end, Colombian peso-denominated private debt vehicle.
COPCO I will invest primarily in senior secured structured debt denominated in Colombian pesos to middle-market corporates. The financing will be used for growth and expansion plans, capital expenditure, refinancing and liability reprofiling, according to the disclosure.
The fund will be managed by VC Asesores de Inversion Colombia S.A.S., or Vinci Compass Colombia, the Bogota-based Colombian subsidiary of Vinci Compass Investments Ltd.
Vinci Compass is one of Latin America’s largest asset managers and has about 30 years of asset management experience in the region. Vinci Partners Investments Ltd. and Compass Group Asset Management Holding SLU announced a business combination in November 2024 to create Vinci Compass.
The asset manager had $66 billion in assets under management as of March 2026 and is majority owned by Gilberto Sayao and Alessandro Horta, the original founders of Vinci. The company has been publicly traded on Nasdaq since January 2021.
IFC said the investment would support COPCO I in providing long-term financing to medium and commercial enterprises and fostering job creation in Colombia. The fund is expected to finance approximately 30 companies, supporting both direct and indirect employment.
The development finance institution expects the project to expand access to longer-term and more flexible financing for medium-sized and commercial-segment companies, allowing them to pursue growth beyond what shorter-term bank products typically permit.
IFC also expects its investment to enhance the fund’s scale and enable it to mobilize capital from other institutional investors in what it described as a challenging fundraising environment.
Beyond providing capital, IFC plans to support the fund’s conceptualization and help the general partner structure COPCO I in accordance with international best practices.
The work will cover areas including credit scoring, corporate governance, risk analysis and mitigation. IFC will also support the fund in establishing and implementing an Environmental and Social Management System.
At the broader market level, IFC expects COPCO I to contribute to the development of Colombia’s private debt fund market by promoting competitiveness.
Successful performance by the fund could provide a demonstration effect, encouraging other asset managers to establish new debt funds in the country.
IFC has also engaged with the Colombian Private Capital Association to organize roundtables with key market participants.
The initiative is aimed at building capacity and facilitating the adoption of standards that could help Colombian private debt funds raise capital from pension funds, insurers and international investors.
IFC’s proposed commitment is significant beyond the $30 million investment because it could help crowd in institutional capital for a relatively developing segment of Colombia’s financing market.
Private debt funds can provide longer-tenor and more flexible capital than conventional bank products, particularly for middle-market companies funding expansion or restructuring liabilities.