Notes

In 2023 Norfund exited from three funds and four equity investments, resulting in the following IRR in NOK during the ownership period.

Brac BankGreen ResourcesH1 UpingtonScatec MocubaTPS Dar es SalaamProspero FundKinangop
Annual IRR during Norfund's ownership period11.7%14.2%77.2%-17.3%12.5%11.4%-100.0%