Cambodia Laos Myanmar Development F
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
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
The Cambodia Laos Myanmar Development Fund II is a sector-agnostic PE Fund targeting investments in SMEs in Cambodia, Laos, and Myanmar. It is the second Fund managed by Emerging Market Investment Advisers. FMO committed USD 10mln in the Fund’s First Close in 2015. The team has since built a diversified portfolio of 13 investees.
What is our funding objective?
FMO intends to increase its commitment by USD 0.9mln to replenish the Fund’s follow-on reserves and allow the team to support its investees during and after the corona crisis. The capital is fully earmarked to support existing portfolio companies.
Why do we fund this investment?
The corona crisis has disrupted business plans globally. While the Fund’s investees have shown resilience, capital earmarked for future growth has been depleted to cover working capital and operating expenses during the lock-down. The Fund’s follow-on strategy has also been affected. An increase in commitments would help the Fund achieve its value creation objectives and support investees in reaching their initial growth targets.
What is the Environmental and Social categorization rationale?
E&S category is B based on the pipeline and investment strategy of the Fund. The Fund has dedicated E&S staff and the ESMS is accordance with the most recent DFI requirements.
More investments
| Date | Total FMO financing |
|---|---|
| 12/11/2015 | USD 10.93 MLN |
- Region
- Asia
- Country
- Cambodia
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 8/6/2020
- Effective date
- 8/4/2020
- Total FMO financing
- USD 0.93 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