Regional: Investment in Northstar Equity Partners V Limited

Nonsovereign Project | 55214-001

NEP V seeks to invest a substantial portion of its capital in established and growing Indonesian companies operating primarily in the consumer (including education, health care, and agribusiness), financial services, and digital economy sectors. NEP V may invest in other countries in Southeast Asia, including Philippines, Thailand, and Viet Nam. NEP V may also invest a small portion of its capital commitments in a limited number of early-stage opportunities.

Project Details

Project Name Investment in Northstar Equity Partners V Limited
Project Number 55214-001
Borrower/Company Northstar Equity Partners V Limited
Country Regional
Indonesia
Philippines
Singapore
Thailand
Viet Nam
Location Indonesia - Nation-wide; Philippines - Nation-wide; Thailand - Nation-wide; Viet Nam - Nation-wide
Type or Modality of Assistance
Equity Ordinary capital resources USD 40.00 million Proposed
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Finance / Infrastructure finance and investment funds

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Mahmud, Farshed
Project Sponsor(s)
Description NEP V seeks to invest a substantial portion of its capital in established and growing Indonesian companies operating primarily in the consumer (including education, health care, and agribusiness), financial services, and digital economy sectors. NEP V may invest in other countries in Southeast Asia, including Philippines, Thailand, and Viet Nam. NEP V may also invest a small portion of its capital commitments in a limited number of early-stage opportunities.
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 15 Jun 2021
Credit Committee Meeting -
Approval 23 Feb 2022
Last PDS Update 06 Oct 2021

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