Shareholders CIFI
  • About CIFI
  • Corporate Governance

Shareholders

CIFI’s shareholder group includes a diverse mix of development finance institutions, a commercial bank, and members of the executive team, who participate through the holding company Valora Holdings Ltd.

Norfund

Norfund

Norfund, the Norwegian Investment Fund for developing countries, plays a crucial role in fostering sustainable development. By investing in businesses that create jobs and improve livelihoods, Norfund aims to strengthen the private sector and reduce poverty in developing countries. It is owned and funded by the Norwegian Government, making it a key tool in their efforts to support economic growth and development globally. Norfund holds a 34.30% stake in CIFI.

Finnfund

Finnfund

Finnfund is a leading development financier and impact investor dedicated to building a sustainable future and generating lasting impact by channeling funding into businesses that address pressing global development challenges. It provides businesses operating in Africa, Asia, and Latin America with risk capital, long-term investment loans, mezzanine financing, and expertise on how to invest in developing markets. Finnfund holds a 7.30% stake in CIFI.

Caribbean dev bank

Caribbean Development Bank

The Caribbean Development Bank (CDB) is a regional financial institution established in 1969, headquartered in Barbados. Its mission is to reduce poverty and transform lives through sustainable, resilient, and inclusive development across its 28 member countries, including 19 borrowing members in the Caribbean. The CDB provides loans, grants, and technical assistance to support social and economic development, focusing on infrastructure, education, climate resilience, and private sector growth. The Caribbean Development Bank holds a 7.30%% stake in CIFI.

Banco Pichincha

Banco Pichincha

Banco Pichincha, founded in 1906 and headquartered in Quito, is Ecuador’s largest private bank by assets and number of clients. As the flagship entity of Grupo Pichincha, it offers a comprehensive range of financial services, including retail, corporate, and microfinance solutions, through an extensive network of over 200 branches nationwide. With assets exceeding USD 15 billion and a significant share in Ecuador’s banking market, the bank has expanded its presence internationally, operating subsidiaries in Peru, Colombia, Panama, and Spain, as well as a representative office in Miami. Banco Pichincha holds a 6.08% stake in CIFI.

Valora Infrastucture Partners

Valora Infrastructure Partners

Valora Infrastructure Partners is a Cayman company owned by CIFI’s Executive Team, who hold equity through this special purpose vehicle (SPV). This structure allows the executives to have a vested interest in the success and growth of CIFI, aligning their goals with the company's mission to promote sustainable development in the region. Valora holds a 45.02% stake in CIFI.