The U.S. International Development Finance Corporation is emerging from a turbulent year marked by slowed investments, staff departures, and a dragged-out reauthorization battle in Congress.
But DFC is now hitting the ground running with a clear direction, new priorities, and a revamped investment thesis, Conor Coleman, the head of investments at DFC, told Devex.
“Historically, maybe this agency has looked through the lens of trying to just deploy capital to reach certain volume numbers, we're going to be much more strategic with our investment standpoint,” he said. “We're not deploying dollars just for the sake of deploying capital. We're really deploying capital to drive the president's foreign policy objectives, promote economic growth in the host countries that we are investing in, all while delivering a return for the U.S. taxpayer.”