By Mars Woo
The investment fund, Circulate Capital, will invest in companies, projects, and innovations that seek to prevent ocean plastic in South and Southeast Asia.
The deal marks BOPA’s first investment in the Indian MFI space.
Danish venture capital firm 3B Ventures has announced the launch of a $60-million Frontier Fund II targeting impact investments in Southeast Asia, it said in an announcement today. The fund will focus on investments in energy, water, agriculture, education and health sectors. According to 3B Ventures, it will target startups… Read more »
Capria will invest in up to five fund managers in Southeast Asia, who will invest in 5-10 small and fast growing businesses each per year.
Caspian, an impact focused investor, will exit the company by selling its 3.48 per cent stake
Nepra will use the funding proceeds to extend its geographical presence to new cities.
The green bond is the first internationally rated triple-A peso-denominated green bond to be issued by a multilateral development institution.
The proposed India fund is seeking a 50-70 per cent contribution from international investors, and is likely to see the first close by Q1 2019.
The latest funding brings TriLinc’s total financing commitments as of the end of May to $438.2 million for business expansion and socio-economic development.
The subscription forms part of IFC’s proposed $150-million financing in the Bangkok-based bank.