Asian Development Bank
ADB re-ups in OrbiMed's Asia healthcare fund
The Asian Development Bank (ADB) has invested $60 million in OrbiMed Asia Partners III, the third Asian private equity fund of healthcare-focused GP OrbiMed.
Renewable energy still faces challenges to viability in Asia
Renewable energy has a way to go before it represents a consistent source of investment opportunities in Asia despite a strong push in recent years, investors told the Infrastructure Investors Forum.
Frontier markets: Late to the boom
Cambodia, Laos and Myanmar are among the last frontier markets in Asia but well positioned to benefit from accelerating interest in the ASEAN region. Private equity success will require a nimble approach
ADB to invest $10m in India's Satin Creditcare
The Asian Development Bank (ADB) will invest up to INR667 million ($10.1 million) in Indian microfinance institution (MFI) Satin Creditcare Network.
Tata Power to acquire ADB, DEG-backed Welspun Renewables
India's Tata Power has agreed to acquire Welspun Renewables (WREPL), a subsidiary of Welspun Energy backed by the Asian Development Bank (ADB) and German development finance institution DEG.
Asia Climate Partners backs India's ColdEX Logistics
Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management, has invested in India-based cold chain provider ColdEX Logistics.
Southeast Asia cleantech: Shifting priorities?
Cleantech has struggled to establish itself in Southeast Asia due to lack of prioritization from both the public and private sectors. But investors can make headway if the projects appeal on a pragmatic basis
ADB, IFMR partner for India microfinance loans
Asian Development Bank (ADB) has joined with IFMR Capital, an Indian non-banking finance company (NBFC), to provide local currency loans to Indian microfinance institutions (MFIs).
ADB pledges to double annual climate financing to $6b
The Asian Development Bank (ADB) will double its investment in countering climate change in developing countries to $6 billion by 2020, up from the current $3 billion.
Bank of Tokyo-Mitsubishi commits $30m to Asia climate fund
Bank of Tokyo-Mitsubishi UFJ (BTMU) has committed $30 million to Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Japan’s Orix Corp, and Robeco Institutional Asset Management.
PE investors excited by Philippines' strong fundamentals - AVCJ Forum
PE investors are drawn to the Philippines for its favorable macroeconomic position and potential to serve as a hedge to exposure elsewhere in Asia, but industry participants caution that the deal-making environment is still at a nascent stage of its development....
SCPE, IFC, ADB back India affordable housing JV
Standard Chartered Private Equity (SCPE), the International Finance Corporation (IFC) and the Asian Development Bank (ADB) have formed an affordable housing joint venture with Indian real estate giant Shapoorji Pallonji.
ADB, Orix, Robeco form $400m Asia climate-change fund
The Asian Development Bank (ADB), Japan's ORIX Corp. and Netherland-based Robeco Institutional Asset Management have together formed a private equity fund that will focus on investments in climate-friendly industries such as cleantech and renewable energy....
Goldman, ADB, GEF commit $140m to India's ReNew Power
Indian renewable energy producer ReNew Power Ventures has received $140 million in funding from Asian Development Bank (ADB), Global Environment Fund (GEF), and existing investor Goldman Sachs.
ADB invests $50m in India's Welspun Renewables
The Asian Development Bank (ADB) has committed $50 million to the renewable energy division of India’s Welspun Group. It is the group’s largest direct equity investment in the renewable energy space.
ADB commits $60m to OrbiMed's second Asia fund
The Asian Development Bank (ADB) is to commit up to $60 million to Orbimed Advisors' second Asian healthcare fund - OrbiMed Asia Partners II.
On the shoulders of giants: DFIs and first-time funds
Backing from a development finance institution can be the making of a first-time GP in a far-flung jurisdiction. Working with this kind of LP, however, comes with its own set of challenges
Indonesia: Infrastructure gridlock
There is substantial demand for infrastructure investment in Indonesia and plenty of opportunities to participate, yet progress is slow. Does the does the sector still hold promise for private equity?
ADB to become GP
The Asian Development Bank (ADB) is to turn GP to enhance its investment capability, with a fund targeting climate change and renewable energy to launch next year.
ADB to invest $245m in Pakistan's power sector
The Asian Development Bank (ADB) will invest $245 million to improve Pakistan’s power distribution systems. The capital, structured as a loan, is the third tranche of the bank's Power Distribution Enhancement Investment Program.
ADB-backed infra fund to invest $85m in Philippines wind farm
The Philippine Investment Alliance for Infrastructure (PINAI) fund, a vehicle partly financed by the Asian Development Bank (ADB) and managed by Macquarie Infrastructure Management Asia, is investing up to $85 million in the country's first ever wind...
Former ADB executive named EMPEA CEO
The Emerging Markets Private Equity Association (EMPEA) has named Robert W. van Zwieten as its president and CEO, following the departure of founding president Sarah Alexander earlier this year. His appointment is effective immediately.
NSL Renewable raises $90 million
With $90 million in funding raised over the last week, NSL Renewable Power (NRPPL) is looking to leverage the falling costs of producing power from renewable sources. It currently has 185 megawatts of installed capacity across wind, solar, bio-mass and...
India's NSL Renewable raises $30m from ADB
Renewable energy developer NSL Renewable Power Private (NRPPL) has raised $30 million from the Asian Development Bank (ADB) in another round of financing to fund the construction of two hydro-power and wind energy projects in India.