fbpx 55076-001: Investment in PAG Growth II, L.P. | Asian Development Bank

Regional: Investment in PAG Growth II, L.P.

Nonsovereign (Private) Project | 55076-001 Status: Proposed

Proposed equity investment of up to $50 million in the targeted $500 million PAGG II fund, which proposes to provide growth capital to 10-15 companies operating primarily in the health care, financial services, education, and IT sectors mainly in the PRC.

Project Details

Project Officer
Conti, Davide Request for information
Country
  • Regional
Sector
  • Health
 
Project Name Investment in PAG Growth II, L.P.
Project Number 55076-001
Borrower/Company PAG Growth II L.P.
Country Regional
China, People's Republic of
Singapore
Location China - Nation-wide; Singapore - Nation-wide
Type or Modality of Assistance
Equity Ordinary capital resources USD 50.00 million Proposed
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Finance / Infrastructure finance and investment funds

Health / Health system development

Gender Equity and Mainstreaming Some gender elements
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Conti, Davide
Project Sponsor(s)
Description Proposed equity investment of up to $50 million in the targeted $500 million PAGG II fund, which proposes to provide growth capital to 10-15 companies operating primarily in the health care, financial services, education, and IT sectors mainly in the PRC.
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment FI
Involuntary Resettlement FI
Indigenous Peoples FI
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 06 Apr 2021
Credit Committee Meeting 06 Apr 2021
Approval 28 May 2021
Last PDS Update 28 May 2021

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