ILX Management B.V.

Overview

ILX Management B.V. is an Amsterdam-based asset manager specializing in global development finance co-investment strategies. The firm primarily focuses on the United Nations Sustainable Development Goals (SDGs) and Climate Finance in emerging markets, aiming to mobilize private institutional capital into these regions. ILX's investment approach is diversified, long-term, and impactful, underpinned by strong partnerships with global Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs). The firm centers its strategy around B-loan participations in SDG-aligned investments, particularly within the realm of Climate Finance. Established in 2017, ILX launched its first fund, ILX Fund I, in 2022 with commitments totaling USD 1.05 billion from Dutch pension funds, including APG on behalf of ABP and bpfBOUW. The fund invests in syndicated loans originated and structured by MDBs and DFIs, co-investing pari-passu with these institutions in high-impact private sector projects across emerging markets. The sectors targeted include infrastructure, renewable energy, agribusiness, manufacturing, and financial institutions. In 2024, ILX Fund I received additional commitments, bringing the total assets under management to USD 1.5 billion. ILX's investment strategy allows institutional investors to benefit from the MDBs and DFIs' long-standing track record of successful investments in key economic sectors across emerging markets. The firm aims to deliver attractive risk-adjusted returns while mitigating Environmental, Social, and Governance (ESG) risks and delivering positive, direct SDG-related impact results. By co-investing with leading DFIs, ILX provides investors with both diversification and scalability, addressing the critical need for additional long-term investment in SDG and Climate Finance projects across emerging markets. The firm's mission is to create large-scale investment opportunities in global development finance that directly contribute to sustainable development across emerging markets and provide market-equivalent risk-adjusted returns. ILX's approach is supported by grants from the German, UK, and Dutch governments, aligning with their policy objectives to support the mobilization of private institutional capital to emerging markets. The firm's partnerships with MDBs and DFIs enable it to attract institutional investors by offering investment opportunities in emerging markets with a proven track record of market-rate returns and development impact. ILX's commitment to transparency in financial and impact data is critical for mobilizing private investors into emerging markets, demonstrating the stability and strength of the development finance asset class.

Investment Focus

• Institutional investors
• Focus on SDG and Climate Finance projects in emerging markets

Portfolio Companies