Original disclosure @ IFC website
Updated in EWS Feb 22, 2023
Disclosed by Bank Feb 7, 2023
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From the IFC's website:
The proposed investment is for up to US$25 million (capped at 20% of total commitments) in Asia Partners II, LP (the Fund), a US$600 million (target) private equity fund investing in Southeast Asia. The Fund will focus on growth equity in technology and tech-enabled mid-stage companies.
The Fund will be managed by Asia Partners Fund Management Pte. Ltd, a fund manager headquartered in Singapore, founded in 2019. Asia Partners is led by Nicholas Nash and Oliver Minho Rippel.
Expected development impact outcomes include i) providing access to equity for late-stage technology and tech-enabled companies, and ii) value creation for Series C/D technology companies looking to reach the next level of scale.
According to Bloomberg, Asia Partners Fund Management Pte. Ltd. operates as an equity firm. The Company focuses on investing in technology and technology-enabled companies. Asia Partners Fund Management serves customers in Asia.
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Borrower - Asia Partners Fund Management Pte. Ltd.:
Nicholas Nash - Managing Partner
Address: 88 Market Street, #48-01/06 Capita Spring, Singapore 048948
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