David Wilton will retire in about a month as chief investment officer and manager for global private equity for the International Finance Corp., a member of the World Bank Group, an IFC spokesman said.
IFC has not yet selected a replacement for Mr. Wilton, who currently manages a portfolio of more than $4 billion in roughly 200 private equity funds, according to the spokesman and a written statement from IFC.
“Emerging markets private equity is a critical part of IFC's strategy, as it transfers both capital and expertise to fast-growing (small and midsize enterprises) that create much-needed jobs,” according to the statement. “We wish him well in his future endeavors.”
