Asian Development Bank related stories
All articles and analysis
CDC commits $20m to Lombard Asia Fund IIICDC Group, the UK government-backed fund of funds, has made a $20 million commitment to Lombard Asia III, an expansion capital fund that will focus on South Asia and Greater China.
- Switzerland’s BTS closes $80m India fund
BTS Investment Advisors, a Swiss private equity advisor, has raised $80 million for expansion capital investments in India.
- Mekong Capital closes second Vietnam fund
Vietnam-focused Mekong Capital has closed a new private equity fund at $50 million, drawing more interest from private investors than it did with its maiden fund.
- ADM Capital closes second distressed fund
The Hong Kong-based firm has already committed 55 percent of its $338 million ADM Maculus Fund II fund and will raise a third fund this year.
- British CDC buys Asian power assets
The former Commonwealth Development Corporation is to invest a total of $127m in two Bangladeshi energy companies from AES Corporation.