According to bank documents, the Fund aims primarily to deploy growth equity in lower middle-market companies (enterprise value of $25 to $125 million) in Southeast Asia (SEA): Indonesia, Malaysia, Philippines, Singapore, Thailand and Viet Nam. Exacta is one of the few pure-play Southeast Asia growth equity funds currently in the market. The general partner (GP) is the successor to Mizuho ASEAN Investment GP, and benefits from relationships with corporate Japan via Mizuho Financial Group. Mizuho Bank, Ltd is acting as an anchor, investing up to $100 million on a pari passu basis with other limited partners (LPs). The Fund aims to create value-addition and potential exits by way of Japanese and ASEAN angle strategic initiatives.
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Investment Funds & Special Initiatives Div
Responsible ADB Officer Teo, Yee Hean
ACCOUNTABILITY MECHANISM OF ADB
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