FMO mulls $10m investment in Laos, Cambodia-focused PE fund

Photo: Paul Szewczyk/Unsplash

Dutch development bank FMO has proposed a $10 million investment in ASEAN Frontier Markets Fund LP, a sector-agnostic PE fund targeting investments in small and medium enterprises in Cambodia and Laos, according to a disclosure.

This investment was made through MASSIF, a financial inclusion fund that FMO manages on behalf of the Dutch government. MASSIF provides access to financial services such as bank accounts, savings products, and loan products for micro-, small- and medium-sized entrepreneurs.

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