IDB Invest

IDB Invest, the private sector arm of the Inter-American Development Bank Group, is based in Washington, DC, United States, and finances sustainable enterprises and projects across Latin America and the Caribbean to foster economic, social, and environmental development. The organization provides loans, equity investments, and advisory services to private companies, serving 330 clients in 21 countries. Its portfolio under management was $11.6 billion as of 2017, with 2023 marking a record year for total activity. Leadership includes CEO James P. Scriven, while Ilan Goldfajn serves as President of the broader IDB Group, and Luis Alberto Moreno is a former IDB President. IDB Invest was established in 1986 pursuant to the Inter-American Investment Corporation agreement. Its business model centers on multilateral development bank funded through member contributions, capital from the IDB Group, and by mobilizing private capital via its "originate to share" model.