AIC Caribbean Fund is a private equity fund targeting investments in private companies in the Caribbean region. The fund makes equity and quasi-equity investments of USD 10m - USD 50m in later stage companies, targeting the media & ICT, tourism, healthcare, telecom and energy sectors in the region. While the operations financed by the fund are based mainly in Jamaica, Dominican Republic and Barbados – the companies often invest and/or have activities in smaller regional states, thus supporting the development of the economies of those countries.