PROJECT

Projects

Summary of Investment Information

Project Number

51801

Company Name

KV ASIA CAPITAL FUND III, LP

Date SPI Disclosed

Jan 29, 2026

Country

East Asia and Pacific Region

Region

East Asia and the Pacific

Projected Board Date

Mar 17, 2026

Environmental Category

FI-2 - Limited

Status

Pending Signing

Last Updated Date

Apr 24, 2026

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 23, 2026

Sector

Growth Equity Fund

Project Description

The proposed investment is for up to US$35 million (capped at 20% of total commitments), alongside a co-investment envelope of up to US$35 million for potential co-investment opportunities, in KV Asia Capital Fund III, LP (the Fund or KV Asia III). KV Asia III is a generalist growth equity fund targeting investments of US$25-75 million in mid-market companies in Southeast Asia (SE Asia) across various sectors such as consumer, healthcare, education, services, and industrials.                                                  

Associated Advisory Engagement

                                       

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation