34906-014: THA: THAI RECOVERY ASSET MANAGEMENT COMPANY LLC (aka:SME Fund Management Co.)

Project Data Sheet (PDS): Overview


Description

The Thailand Fund Management company (TFMC) will be the fund manager. It's shareholders, including ADB, are expected to be core investors in the SIRF. A competitive selection process was used to identify SSgA as the investment adviser to the SIRF. For day to day management, TFMC will enter into an ivestment advisory contract with SSGA's equity investment arm in Asia, Asian Direct Capital Management (ADCM) Read More

Country Thailand
Borrower/Equity Investment Name
Project Number 34906-014
Project Type or Modality of Assistance PS
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

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

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