PROJECT

Projects

Summary of Investment Information

Project Number

37898

Company Name

CAMBODIA-LAOS-MYANMAR DEVELOPMENT FUND II LP

Date SPI Disclosed

Nov 21, 2023

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

Jun 6, 2016

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

CDFPE - Disruptive Technologies and Funds/Private Equity Funds

Industry

Funds

Previous Events

Approved : Jul 17, 2017
Signed : Sep 29, 2016
Invested : Nov 16, 2016

Sector

Small Business Fund

Project Description

 Cambodia-Laos-Myanmar Development Fund II, L.P. (“CLMDF II” or the “Fund”), is a ten-year private equity fund with a target size of US$70 million. The Fund will focus on small and medium-sized enterprises in Cambodia, Laos and Myanmar.                                                  

Associated Advisory Engagement

 IFC’s advisory engagement will focus on (i) helping the Fund Manager’s expansion into Myanmar, a market with limited precedent for risk capital funds, (ii) strengthening competencies and skills, especially the ability to create value for the underlying investee firms; and (iii) strengthening the Fund Manager’s back office operations.                                                                                            

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation