According to the bank's website, "ASEAN Frontier Markets Fund L.P. is a sector-agnostic PE fund targeting investments in SMEs in Cambodia and Laos. It is the third Fund managed by Emerging Markets Investments Advisers ("EMIA"). FMO and MASSIF previously committed the Fund Managers two predecessor funds and has a long-standing relationship with the team.
MASSIF intends to invest USD 10mln to the Fund, helping reach its First Close. The Fund focuses on frontier markets (Cambodia and Laos) where impact potential is high, and the penetration of PE activities remains low. The investment will allow FMO to keep supporting a trusted partner active in countries where there are limited PE teams with on-the-ground presence and local knowledge."
ACCESS TO INFORMATION
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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/independent-complaints-mechanism