Commonwealth Development Corporation
The Commonwealth Development Corporation , now CDC Group Inc., (formerly Colonial Development Corporation ) is a commercial organization for development co-operation in the UK .
It was founded in 1948 by the Clement Attlee government . In July 2004, a platform for private equity investments in emerging markets as Actis Capital was spun off from the CDC.
CDC continued to sponsor Actis' investing activities; for example, US $ 650 million was donated to the company's third fund.
Web links
Individual evidence
- ^ Commonwealth Development Corporation: A report on the efficiency and costs of, and the service provided by, the Commonwealth Development Corporation . Competition Commission . June 1992. Archived from the original on December 3, 2008. Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved December 5, 2008.
- ↑ http://www.cdcgroup.com/Who-we-are/Our-History/
- ↑ From aid agency to cash machine? . In: BBC File On 4 . July 15, 2008. Retrieved January 2, 2010.
- ↑ CDC commits $ 650m to Actis emerging markets funds AltAssets, May 21, 2008