Overseas Private Investment Corporation

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Overseas Private Investment Corporation (OPIC)

Agency overview
Formed	1971[1]
Dissolved	December 20, 2019
Superseding agency	United States International Development Finance Corporation (DFC)
Headquarters	Washington, D.C.
Website	www.opic.gov

The Overseas Private Investment Corporation (OPIC) was the United States Government's Development finance institution until it merged with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID) to form the U.S. International Development Finance Corporation (DFC). OPIC mobilized private capital to help solve critical development challenges and in doing so, advanced the foreign policy of the United States and national security objectives.

By working with the U.S. private sector, OPIC helped U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs, and growth opportunities both at home and abroad. It achieved its mission by providing investors with financing, political risk insurance, and support for private equity investment funds when commercial funding could not be obtained elsewhere. Established as an agency of the U.S. government in 1971, OPIC operated on a self-sustaining basis at no net cost to American taxpayers.