Project detail - Excelsior Capital Vietnam Partners, LP

Excelsior Capital Vietnam Partners, LP

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

“Excelsior Capital Vietnam” is a sector agnostic private equity fund focused on Vietnam managed by “Excelsior Capital Asia” with 19 years of experience investing in Asia and 5 private equity funds under management. The Fund will be managed by a local team based in Vietnam.

What is our funding objective?

The Fund is aiming to invest in growth investments in Vietnam, taking significant minority positions. One of the key elements of Excelsior Vietnam’s investment strategy is a promotion of a cross-border collaboration with Excelsior Asia portfolio in other Asian countries.

Why do we fund this investment?

By investing in “Excelsior Capital Vietnam” FMO intends to support local entrepreneurs and owners of small and medium-sized companies by providing capital for growth and operational advice. Industries supported include retail, education and healthcare.

What is the Environmental and Social categorization rationale?

Excelsior Capital Vietnam has been categorised as Category B in accordance with FMO’s Sustainability Policy. The Fund’s pipeline consists of Category B and B+ projects which are deemed to have potentially limited adverse environmental and social risks and/or impacts. The Fund will manage E&S risks and impacts through a ESMS which is aligned to the EDFI Exclusion List, Vietnamese E&S laws and regulations and the IFC Performance Standards Framework.

Sub investments

Disclaimer

This data is updated annually so some investments might no longer be in FMO’s portfolio, while some newer investments may not yet be shown.

Name Country Region Sector
VCCORP CORPORATION Viet Nam ASIA Diverse Sectors
ACTIVE NETWORK CORPORATION Viet Nam ASIA Diverse Sectors
Region
Asia
Country
Viet Nam
Sector
Infrastructure, Manufacturing and Services
Publication date
8/7/2019
Effective date
12/20/2019
Total FMO financing
USD 15.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B