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34906-014: THA: THAI RECOVERY ASSET MANAGEMENT COMPANY LLC (aka:SME Fund Management Co.)
Project Data Sheet (PDS): Overview
Description
The objective of the Thailand Fund Management Company is to manage the SME Investment Restructuring Fund (SIRF). TFMC will, out of its own management fee, pay fees to ADCM, and have the right to terminate the services of any investment advisor, including ADCM. TFMC will closely monitor the performance of the investment advisor, its compliance of the mandate, and with corporate governance, etc.... Read More
| Country |
Thailand |
|---|---|
| Borrower/Equity Investment Name | – |
| Project Number | 34906-014 |
| Project Type or Modality of Assistance |
Private Sector Loan and Equity |
| Financing | Private sector (Nonsovereign) |
| Status | Approved |
| Approval Number |
7157 |
| Approval Date | 09 Mar 2000 |
| Geographical Location | Regional |
| Sector / Subsector Classification |
Finance / Investment Funds |
| Thematic Classification | Economic growth |
| Safeguard Categories |
Environment: B |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Responsible ADB Officer
Cindy Teo
Email contact form
Responsible ADB Department
Private Sector Operations Department
Responsible ADB Divisions
Capital Markets and Financial Sectors Division
PDS Creation Date
31 Oct 2006
Last PDS Update
27 Mar 2013