FMO considers $15m commitment

The Dutch development bank mulls a fund commitment to provide affordable services to lower-income customers in India.

Institution: FMO
Headquarters: The Hague, Netherlands
AUM: €9.00bn
Allocation to alternatives: 69.0%
Bitesize: €10-€50m

FMO intends to commit $15 million to Lok Capital Growth Fund IV. The fund will target growth equity investment in healthcare, agribusiness, e-commerce, retail and supply chain service industries across India.

The €9 billion Dutch development bank has nearly 30 percent of its investment portfolio allocated to private equity.

As illustrated below, FMO is a repeat investor of Lok Capital funds and is an active investor to funds that support the growth of developing markets.

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