FMO intends to increase its commitment by USD 0.9mln to replenish the Fund’s follow-on reserves and allow the team to support its investees during and after the corona crisis. The capital is fully earmarked to support existing portfolio companies.
The Cambodia Laos Myanmar Development Fund II is a sector-agnostic PE Fund targeting investments in SMEs in Cambodia, Laos, and Myanmar. It is the second Fund managed by Emerging Market Investment Advisers. FMO committed USD 10mln in the Fund’s First Close in 2015. The team has since built a diversified portfolio of 13 investees.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/