The proposed investment is for up to US$15m (not to exceed 20% of total commitments) in UOB Asia Impact Investment Fund II L.P (“AIIF II”, or “the Fund”), a US$100m (target) private equity fund established by UOB Venture Management Private Limited (“the Manager” or “UOBVM”), a subsidiary of United Overseas Bank Limited (“UOB”). The Fund is established in co-operation with Credit Suisse AG, Singapore branch (“CS”), acting as Impact Advisor. The Fund will invest in companies in China and Southeast Asia (“SE Asia”) which develop or scale commercial solutions to meet the demands of people at the base of the economic pyramid (“BoP”), primarily in the sectors of agriculture, education, healthcare, housing, sanitation, water, transportation, clean energy and financial services. Allocation to China will be capped at 40%.
According to the IFC, this project has an environmental and social risk category of FI-2.
Senior Director, UOBVM
+65 6539 3523
80 Raffles Place #30-20 UOB Plaza 2 Singapore 048624
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org