Nepal-focused fund raises US$40 million in first close
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 instituti...