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The facility will also help address funding gaps in the market by strengthening GIME’s capacity to increase lending to businesses in key economic sectors, such as infrastructure, construction, manufacturing, agriculture, and tourism
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 sec...
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...