Project detail - Emerging Markets Investment Advisers PTE.LTD

Emerging Markets Investment Advisers PTE.LTD

Status: Approved investment
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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 contracting party is Emerging Markets Investment Advisers PTE.LTD, the fund management entity of ASEAN Frontier Markets Fund LP (“AFMF” or “the Fund”). The beneficiaries are the portfolio companies of AFMF, a sector-agnostic PE fund targeting investments in SMEs in Cambodia and Laos. It is the third Fund managed by Emerging Markets Investments Advisers (“EMIA”). Similar to previous funds, AFMF will invest sector agnostically, targeting mainly growth equity investments in SMEs (>65% of invested capital), with an allocation to earlier-stage companies (up to 35%) in Cambodia and Laos, and 10% allocation outside of Cambodia and Laos.

What is our funding objective?

FMO’s funding objective is to support a delegated technical assistance facility (BIF3) which will provide financial assistance for AFMF portfolio companies to engage third-party advisors and other relevant service providers in two key areas: (1) Performance Enhancement Projects, focused on revenue uplift and efficiency improvements, and (2) Projects aligned with ESG international standards, good governance practices and gender empowerment.

Why do we fund this investment?

The recipients of this Technical Assistance (TA) are SMEs in Cambodia and Laos, both classified as Least Developed Countries. Supporting the private sector in these countries aligns with FMO's commitment to SDG 8 to promote economic growth and SDG 10, aiming to reduce inequalities amongst countries. The project is funded by MASSIF because it aligns with their mission of supporting high-growth potential SMEs that face challenges obtaining traditional bank loans due to insufficient collateral or cash flow.

Website customer/investment
Infrastructure, Manufacturing and Services
Publication date
Effective date
Total FMO financing
USD 0.25 MLN