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Nepal-focused fund raises US$40 million in first close - Vimarsana News

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...