Wavemaker Pacific 3 LP (IFC-42247)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Specific Location
Southeast Asia
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 18, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
WAVEMAKER GLOBAL PARTNERS 3 LTD
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Sep 9, 2019

Disclosed by Bank Jan 16, 2019


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Contact the EWS Team

Project Description

According to the bank website, "Wavemaker Pacific 3, L.P. (“Wavemaker SEA Fund III” or “the Fund”) is targeted to be a US$100 million Venture Capital (“VC”) fund focused on seed stage investments in the Southeast Asia (SEA) region. The Fund aims to invest primarily in Business-to-Business (B2B) companies led by exceptional entrepreneurs creating superior value by leveraging technology to deliver high-impact Automation, Data & Intelligence. Wavemaker's investment strategy is to build a large portfolio, exercise optionality, differentiate with stage (seed) and focus (B2B), and leverage its network."

Investment Description
  • International Finance Corporation (IFC)
Contact Information

Wavemaker Partners
Paul Santos
Managing Partner
+65-9101 0589
paul@wavemaker.vc
1 Nanson Road, #03-00, Singapore 238 909
https://wavemaker.vc/

ACCOUNTABILITY MECHANISM OF IFC

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