PROJECT

Projects

Summary of Investment Information

Project Number

43872

Company Name

ARCHIPELAGO ASIA FOCUS FUND II, LP

Date SPI Disclosed

Apr 24, 2020

Country

Philippines

Region

East Asia and the Pacific

Projected Board Date

Jun 15, 2020

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jun 17, 2020
Signed : Jun 25, 2020
Invested : Jul 15, 2020

Sector

Growth Equity Fund

Project Description

IFC proposes an equity investment of up to US$ 25 million into Archipelago Asia Focus Fund II L.P (“Fund”), managed by Archipelago Capital Partners Pte Ltd. (“Manager”). The Fund is targeting to raise US$250 million and will primarily focus on control situations across three core sectors (consumer goods and services, financial services, and industrials and logistics). The Fund aims to make 7-10 investments in well-established small/or mid-sized companies in SE Asia, with specific focus on Indonesia and Philippines (focus countries) and in Thailand and Malaysia on an opportunistic basis.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation