LaingBuisson News
Dolma Fund Management has announced the first close of Dolma Impact Fund II (Dolma II) – a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal.
Investors in this US$40m first close are FMO, the Dutch entrepreneurial development bank; CDC Group, the UK’s development finance institution and impact investor; Swedfund, the Swedish development finance institution; and the International Finance Corporation (IFC). The final close is targeted at US$75m.
The timing is important as Covid cases rise in Nepal, following the trend in India. Dolma II’s target sectors will directly address capacity constraints in healthcare and enable digital solutions to scale rapidly, something that will be vital both during and following the pandemic.
FMO, CDC, Swedfund and IFC participate in first close of Dolma II thehimalayantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehimalayantimes.com Daily Mail and Mail on Sunday newspapers.
Dolma Fund Management announces the first close of Dolma Impact Fund II (Dolma II) – a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal. Investors in this $40m first close are FMO, the Dutch entrepreneurial development bank; CDC Group, the UK’s development finance institution and impact investor; Swedfund, the Swedish development finance institution; and the International Finance Corporation (IFC). The final close is targeted at $75m.
The timing is important as COVID cases rise in Nepal, following the trend in India. Dolma II’s target sectors will directly address capacity constraints in healthcare and enable digital solutions to scale rapidly that will be vital both during and following the pandemic.
FMO, CDC Group, Swedfund and IFC participate in Dolma Impact Fund II
11 May 2021 |
The Asset
Dolma Fund Management has announced the first close of Dolma Impact Fund II (Dolma II), a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal.
Investors in the US$40 million first close are FMO, a Dutch entrepreneurial development bank; CDC Group, a development finance institution and impact investor from the United Kingdom; Swedfund, a Swedish development finance institution; and the International Finance Corporation (IFC), a global development institution under the World Bank Group. The final close is targeted at US$75 million.