May 23

Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia

The Asian Development Bank (ADB) is investing $25 million in private equity fund Exacta Asia Investment III LP to grow middle-market companies in Southeast Asia through access to capital.

The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta to provide capital to companies engaged in health care, financial services, education, manufacturing, business services, and consumer sectors in Southeast Asia.

Photo courtesy of The Wandering Angel.

Source: Zawya (link opens in a new window)

Education, Finance, Health Care, Investing
ESG, financial inclusion, gender lens, manufacturing