PROJECT

Projects

Summary of Investment Information

Project Number

48001

Company Name

ASIA BUSINESS BUILDERS II L.P

Date SPI Disclosed

Jul 10, 2023

Country

World Region

Region

Global

Projected Board Date

Aug 31, 2020

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 27, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jul 17, 2017
Signed : Nov 9, 2023
Invested : Jan 25, 2024

Sector

Small Business Fund

Project Description

The proposed investment is for up to US$10m (capped at 20% of total commitments) under the SME ventures program in Asia Business Builders II, L.P (the Fund or ABB II), a US$100m (target) Vietnam-focused sector agnostic private equity (PE) fund.

Associated Advisory Engagement

The Project will benefit from IFC’s Advisory Services through technical assistance to both the Fund Manager and portfolio companies.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation