The Agri-Business Capital Fund (‘ABC Fund’) will be launched at the IFAD annual Governing Council in Rome. First commitments to the ABC Fund come from the European Union, the African, Caribbean and Pacific Group of States, the Luxembourg Government and the Alliance for a Green Revolution in Africa. The ABC Fund will use first loss capital to catalyse additional funding in the vehicle, which will deploy loans and equity investments in rural SMEs and financial institutions in developing countries. Bamboo Capital Partners (‘Bamboo’), is the fund manager, in partnership with Injaro Investments (‘Injaro’).