Nepal's Dolma Fund raises $50m for second fund, sets $75m hard cap

Nepal's Dolma Fund raises $50m for second fund, sets $75m hard cap

Kathmandu, Nepal. Photo by Laurentiu Morariu on Unsplash

Nepal-based Dolma Fund Management has held a second close of its second fund, bringing the total commitments to $50 million, said the US International Development Finance Corporation (DFC), which has committed up to $12 million to the vehicle.

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