The U.S. International Development Finance Corporation has made it through a year of transition and a lengthy reauthorization push. It now has its eyes set on larger, more strategic transactions aligned with foreign policy.
The agency will look different, due to both the expanded remit Congress has granted it and because new leadership in the Trump administration is ready to chart a new course.
The strategy is driven internally by CEO Ben Black and Conor Coleman, head of investments, who have worked together for years in the private sector. Now they’re turning that private sector mindset to the DFC, forging a more commercial side of operations, mobilizing more private capital, and even pursuing creative new ways to get the private sector involved, including securitization.