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Asian Development Bank confirms $75m in commitments

The Manila-based bank has backed an Asia focused fund.

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Institution: Asian Development Bank
Headquarters: Manila, Philippines
AUM: $221.8 billion

Asian Development Bank has confirmed an $75 million commitment to OrbiMed Asia Partners IV. The fund is managed by OrbiMed Advisors.

As illustrated below, Asian Development Bank’s recent private equity commitments have been made to funds that focus on venture capital and buyout strategies across Asia-Pacific.

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