PROJECT

Projects

Summary of Investment Information

Project Number

47615

Company Name

ASIA PARTNERS II LP

Date SPI Disclosed

Feb 7, 2023

Country

East Asia and Pacific Region

Region

East Asia and the Pacific

Projected Board Date

Mar 15, 2023

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jul 8, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 6, 2023
Signed : Jun 15, 2023
Invested : Jul 3, 2023

Sector

Growth Equity Fund

Project Description

The proposed investment is for up to US$25 million (capped at 20% of total commitments) in Asia Partners II, LP (the Fund or AP II), a US$600 million (target) private equity (PE) fund investing in Southeast Asia (SE Asia). The Fund will focus on growth equity in technology and tech-enabled mid-stage companies.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation