Commonwealth Development Corporation



The Commonwealth Development Corporation, now CDC Group, (formerly the Colonial Development Corporation) is a British development organisation.[1]

It was established by the post war Clement Attlee government.[2]

In July 2004, CDC spun out its emerging markets private equity investment platform, Actis Capital. CDC remains an active sponsor of Actis' investment activities, committing $650 million to the firm's third fund.[3]

References

  1. ^ "Commonwealth Development Corporation: A report on the efficiency and costs of, and the service provided by, the Commonwealth Development Corporation". Competition Commission. June 1992. http://www.competition-commission.org.uk/rep_pub/reports/1992/320commonwealth.htm. Retrieved 2008-12-05. 
  2. ^ "From aid agency to cash machine?". BBC File On 4. July 15, 2008. http://news.bbc.co.uk/1/hi/business/7505527.stm. Retrieved January 2, 2010. 
  3. ^ CDC commits $650m to Actis emerging markets funds. AltAssets, May 21, 2008

External links


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