Original disclosure @ ADB website
Updated in EWS Mar 13, 2023
Disclosed by Bank Feb 28, 2023
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According to the bank's website, "the transaction involves a $25 million investment in Exacta Asia Investment III, LP, a $350 million private equity fund that aims to provide growth equity to middle market companies in Southeast Asia."
Torchiva, Kervin John S.
Private Sector Operations Department
Private Sector Investment Funds and Special Initiatives Division
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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.