Asian Development Bank related stories
All articles and analysis
Taking the private routeInfrastructure-related plays are big news in Asian private equity. But to what extent can private equity firms get involved in this sprawling asset class?
- Darby backs Chinese alternator manufacturer
The private equity arm of Franklin Templeton Investments has provided a $34m loan to PECH, marking its tenth investment from its second Asian mezzanine fund.
- GEF invests $46m in Indian renewable power
Global Environment Fund’s investment in Greenko will be used to fund the company’s growth objectives.
- MEACP raises fund target to $500m
The MAP Clean Energy Fund has increased its target by $100m and is aiming for a first close on $70m by December.
- CIMB Standard to manage $500m Islamic infrastructure fund
CIMB Standard, the joint venture private equity and infrastructure platform of CIMB Group and Standard Bank, is to manage an incoming infrastructure fund aimed at investing in Asia’s “emerging countries”. The vehicle already has $250 million of equity commitments from its sponsors.
- IFC mulls South Asian clean energy investment
The institution may commit up to $20m in Global Environment Fund’s South Asia Clean Energy Fund, which aims to raise $200m.
- Development banks team up for $500m Asian Infrastructure fund
The Asian Development Bank and the Islamic Development Bank are aiming to invest in the infrastructure of Asian countries that it regards is 'worse than the average'.
- Bangladesh to create $165m loan facility for PPPs
Funded by the Asian Development Bank, officials hope the loan facility will spur up to $600m of infrastructure investment in the country. Bangladesh’s state-owned Infrastructure Development Company will administer the facility and provide 40 percent of financing for each project.
- GEF appoints managing director for South Asia
Washington's Global Environment Fund has appointed Raj Pai as managing director in its Mumbai office, and is raising a $300m fund focussed on clean energy in South Asia.
- Lombard invests in The Medical City
Lombard Investments has purchased a minority stake in a medical services company in the Philippines, with an eye on the increasing domestic demand for private healthcare.