SBI FMO EMERGING ASIA FINANCIAL
Status: Completed investmentWhy 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 customer
The SBI FMO Emerging Asia Financial Sector Fund has been set up by SBI Group and FMO. In addition to being one of the largest Japanese PE firms (with AUM in excess of US$3 billion), the SBI Group is a leading global internet-based financial conglomerate. The SBI Group's core businesses include financial services, asset management and biotechnology-related business.
What is our funding objective?
The fund will invest in promising financial sector opportunities in Emerging Asia (with a focus on India, Sri Lanka, Bangladesh, Indonesia, the Philippines, Thailand, Cambodia and Vietnam). The first close of the fund was realized at US$60 mln. The target fund size is US$100-125 mln.
Why do we fund this investment?
The fund will invest in the financial sector - one of FMO's focus sectors - thereby leveraging the extensive financial services platforms and knowledge of both SBI Group and FMO. At the time of investment there were limited funds active in the financial sector space in Asia, giving this investment a high level of additionality.
- Region
- Asia
- Country
- Asia
- Sector
- Financial Institutions
- Effective date
- 10/1/2013
- End date
- 2/27/2021
- Total FMO financing
- USD 26.00 MLN
- Funding
- FMO NV
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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