According to bank documents, the Fund is expected to have a highly developmental impact in Southeast Asia by making equity investments into quickly growing firms that require capital to scale up technology platforms creating efficient marketplaces that link consumers and suppliers. The Fund Manager will transfer expertise to the Fund portfolio companies to support these companies reaching sustainable profitability. Southeast Asia’s private equity and late stage venture capital fundraising is low relative to the region’s economic importance, an importance signaled by the region’s share of emerging market GDP.
The capitalization of a fund is screened as a Category D activity for the purposes of environmental and social assessment.
Asia Partners I LP is a Southeast Asian focused growth capital technology investor looking to address the significant funding gap encountered by high growth companies in the region who are raising second and third rounds of institutional capital. Sub-sectors of interest to the Fund will include financial services, education, e-commerce, health care, and logistics.
No contact information provided at the time of disclosure.
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