International Finance Corporation is a member of the World Bank Group and is a global development institution focused on the private sector in developing countries. The firm provides loans, equity, investment services, advisory services and IFC asset management services to businesses and governments. IFC is a provider of capital, knowledge, and long-term partnerships that can help address constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.It raises capital through bond issuance, invest in liquid assets globally and manages them. The firm's financial products and services help development in emerging economies. Although part of the Bank Group, IFC is a separate legal entity with separate Articles of Agreement, share capital, financial structure, management, and staff. Membership in IFC is open only to member countries of the World Bank. IFC also manages third-party capital funds for investment in developing and frontier markets. It was founded in 1956 and is headquartered in Washington DC. IFC operates in more than 100 countries.