Project detail - Asia Business Builders II

Asia Business Builders II

Status: Approved investment
Back to map

Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

In case of questions

In case of questions, please contact us at


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

Asia Business Builders Fund II (“ABB II”) is a mid-market private equity fund managed by Asia Business Builders (“ABB”). ABB was founded in 2013 as an M&A advisory firm. After closing USD400 m worth of strategic M&A in Vietnam, ABB launched its first private equity fund in June 2018. ABB is based in Hanoi, Vietnam.

What is our funding objective?

ABB II is the second private equity fund managed by ABB. It is a sector-agnostic fund focused on the lower midmarket segment, providing growth capital to companies in consumer, education, logistics and other sectors.

Why do we fund this investment?

FMO has invested in ABB II to support entrepreneurship in Vietnam, stimulating the growth of local mid-sized companies and contributing to economic development and job creation.

What is the Environmental and Social categorization rationale?

E&S risk categorization is B, based on the pipeline and investment strategy. The E&S risks are expected to be limited and mainly related to ii) solid waste disposal and wastewater discharge; iii) high energy consumption and emissions, and other risks related to the specific sectors of the investments.

Website customer/investment
Viet Nam
Infrastructure, Manufacturing and Services
Publication date
Effective date
Total FMO financing
USD 10.00 MLN
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)