Original disclosure @ ADB website
Updated in EWS Apr 4, 2021
Disclosed by Bank Jun 12, 2019
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According to the bank document, an equity investment of up to $20 million in a $250 million multi-sector private equity (PE) fund focusing on growth stage middle-market companies (MMCs) in the Greater Mekong Sub-region (GMS). The fund would invest in Viet Nam, Cambodia, Lao PDR, and Myanmar.
The Fund will be established to make equity or equity-linked investments focusing on the following sectors: (i) healthcare; (ii) education; (iii) manufacturing and distribution of fast moving consumer goods (FMCG); (iv) retail; and (v) transportation and logistics.
The fund aims to provide primarily growth capital and technical expertise to fast-growing middle-market companies and SMEs with the potential to gain or consolidate significant market share in their respective industries.
Ordinary capital resources US$ 20.00 million
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||VI (Vietnam Investments) Fund III, L.P.||Client||-|
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Investment Funds & Special Initiatives Div
Responsible ADB Officer Teo, Yee Hean
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The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main