ILX Funds
SDG and Climate-Focused Emerging Market Private Credit
0
Investments
USD 0.0 bn
Total Portfolio Commitments
USD 0.0 bn
Total Investor Commitments
0
Countries
Note: as of end of Q2 2026.
This is a marketing communication. Please refer to the Private Placement Memorandum of ILX Fund I/II before making any final investment decisions.
This is a marketing communication. Please refer to the Private Placement Memorandum of ILX Fund I/II before making any final investment decisions.
About Us
ILX is an Amsterdam-based asset manager specialising in private debt investments across emerging markets and developing economies (EMDEs). We mobilise long-term pension fund capital through loan participations originated by Multilateral Development Banks (MDBs) and leading Development Finance Institutions (DFIs).
Our strategy focuses on SDG- and climate-aligned investments across four priority areas: clean energy and energy access, sustainable industry and infrastructure, inclusive finance, and food security.
Backed by leading European pension fund investors, ILX offers a scalable private debt strategy designed to deliver market equivalent risk-adjusted returns alongside measurable development and climate impact.
In partnership with
Why Invest?
ILX Fund I and II provide a scalable US$1.7 billion unleveraged private credit investment strategy for institutional investors, participating in a diversified portfolio of syndicated emerging markets private sector loans, co-investing with leading global Multilateral Development Banks and Development Finance Institutions.
Market-equivalent risk-adjusted returns
Historical performance analysis of GEMs, which include $500 billion in MDB/DFI-backed loans, shows that historical returns are comparable to and less volatile than comparable credit asset classes such as Emerging Market Sovereign Debt, Emerging Market Corporate Debt, and High Yield Bonds.
Find out more about our FundsIntentional, Measurable, Social, or Environmental impact
Investments deliver intentional, measurable social and environmental outcomes in the real economy, with clear use-of-proceeds and robust ESG and SDG reporting frameworks, building on extensive MDB and DFI safeguarding.
Read more regarding SustainabilityGlobal Pipeline and Risk mitigation through MDB and DFI partners
ILX provides selective access to syndicated loans originated by leading MDBs and DFIs across emerging markets, sectors and sustainability themes, benefiting from their structuring expertise, governance, preferred creditor status and local presence.
Read more about Development FinanceAdditional Diversification
MDB-originated loans, which are mainly arranged in markets and sectors that are under-represented in the emerging markets bond markets, show low correlation to global credit risks and shocks.
Read more about our InvestmentsScalable & Long-Term Investment Opportunity
The ILX strategy provides a scalable long-term investment opportunity with consistent access to a growing pipeline of MDB- and DFI-originated private debt, supporting long-term capital deployment in emerging markets.
Read more about our InvestmentsDedicated Fund Manager
The ILX Team provides a uniquely specialised, disciplined and efficient investment process, built on a strong network of global MDBs and DFIs and European institutional investors.
Read more about our TeamInvestment Highlights
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Incentivising sustainable practices in agri-supply chains
Mauritius
ETG a leading agri-commodities trader with its roots deeply embedded in Africa and Asia, operating across agricultural supply chains in these regions. ILX participated in financing structured by FMO to support ETG with a landmark Sustainability-Linked Loan (SLL), intended to boost African agriculture and strengthening the company’s commitment to its sustainability agenda by incentivising it…
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Pioneering SAF production in Pakistan
Pakistan
SAFCO Venture is a renewable energy company based in Pakistan, focused on decarbonising the aviation sector. ILX participated in a B-loan originated by ADB that supports the design, construction and operation of a 200,000 tons per annum Sustainable Aviation Fuel (SAF) facility in Sheikhupura, Pakistan. The plant will produce SAF, renewable diesel, and bio naphtha,…
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Scaling low-carbon timber production in Latin America
Uruguay
ILX is participating in a loan arranged by IFC to Arboreal in Uruguay, a vertically integrated wood product and mass timber manufacturer, and regional leader in low-carbon construction materials. The facility finances capacity expansion, technological upgrades, and the shift towards higher value-added engineered wood products. Arboreal operates one of the most advanced industrial wood platforms…
Read moreAligned with
News Highlights
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From Seville to Belem: launching the Joint FFD4 Declaration on Partnership Opportunities between Institutional Investors and MDBs at COP30
11 November 2025
During COP30 in Brazil, the Government of the Netherlands has reinstated its support for the Sevilla Platform for Action (SPA), “Joint Declaration on Partnership Opportunities between Institutional Investors and Multilateral Development Banks”published this past June in Seville during the 4th International Conference for Financing for Development (FFD4), and endorsed by the Governments of Finland, Iceland, Sweden,…
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A conversation with Samantha Attridge, Senior Research Fellow at the Center for Global Development (CGD)
29 June 2026
Welcome to the second episode of Untapped: an ILX Podcast Samantha Attridge explores the realities of private capital mobilisation for development, unpacking why expectations have fallen short, what constraints investors face in Emerging Markets and Developing Economies (EMDEs), and how approaches such as blended finance and Multilateral Development Bank (MDB) reforms can be used more effectively.
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EBRD’s and ILX’s first investment in Senegal to boost connectivity in Africa
13 July 2026
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €270 million to Yas, a leading pan-African telecommunications company owned by AXIAN Telecom, to support the expansion of digital infrastructure and improve connectivity across Africa. The investment marks the EBRD’s first project in Senegal and is a landmark transaction for the…
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