Original disclosure @ FMO website
Updated in EWS Jul 14, 2020
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According to FMO website, FMO has committed funds to Frontier Bangladesh II LP, a fund targeting mid-sized companies in the underdeveloped Private Equity market in Bangladesh. Frontier II will be managed by Brummer & Partners. FMO has invested in the Fund as Bangladesh is a poorest 55 country with an underdeveloped Private Equity fund sector. The investment fits FMO's strategy to help develop private equity markets.
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/