Project detail - Navegar III L.P.

Navegar III L.P.

Status: Investment in contracting phase
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Why 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 prospective customer?

Navegar III LP is the successor fund of FMO investees Navegar I (Parallel) LP and Navegar II LP. FMO intends to commit at first close.

What is our funding objective?

Navegar III is a private equity fund that seeks to continue the strategy as pursued by its predecessor funds: focus on investing growth capital in companies that are active in the growth sectors in the Philippines, such as Food & Beverages, Business Process Outsourcing, Healthcare and Education, i.e. sectors linked to the domestic consumer and (services) export.

Why do we want to fund this investment?

Through this investment FMO will contribute to the growth of the portfolio companies, increased employment and increased taxes paid in the Philippines.

What is the Environmental and Social categorization rationale?

Based on the fund’s investment strategy and pipeline, Navegar III LP has been classified as Category B+ in accordance with FMO’s Sustainability Policy. The fund's focus sectors will result in exposure to E&S risks across IFC Performance Standards (PS) 1 to 4 and limited to PS 6. Exposure to PS5, PS7 & PS8 risks are unlikely. The fund has established an E&S management framework based on IFC PS requirements and demonstrated a proactive approach towards E&S management. FMO will further support the fund in enhancing its systems and capabilities to maintain best practices, manage contextual risks and identify opportunities for value creation in its portfolio.

Website customer/investment
https://www.navegar.com.ph
Region
Asia
Country
Philippines
Sector
Infrastructure, Manufacturing and Services
Publication date
1/20/2026
Deadline for feedback
3/21/2026
Total FMO financing
USD 20.00 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+