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

Nonsovereign Project | 55076-001

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
    Private Sector Operations Department
    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 Private Sector Operations Department
Responsible ADB Division Private Sector Investment Funds & Special Initiatives Div
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

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.

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Title Document Type Document Date
Investment in PAG Growth II L.P.: Report and Recommendation of the President Reports and Recommendations of the President May 2021
PAG Growth II L.P.: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Mar 2021

Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

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Related Publications

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