Portfolio Explorer

Our impactful investments covering a broad range of countries and sectors.

Portfolio Explorer

Our impactful investments covering a broad range of countries and sectors.

Navegar II
Navegar Fund II will invest in mid-sized companies in the Philippines in need of growth capital. The Fund will target sectors such as fast-moving consumer goods (FMCG), financial services, healthcare, and tourism. The Fund Manager seeks to maximize the value of its portfolio companies by providing financial, operational and strategic guidance.
About the Investee

With a population of over 105 million, the Philippines remains an underdeveloped country with significant hurdles to broad economic prosperity and job creation. While the poverty rate has fallen in recent years, more than 20 per cent of the population is still living below the national poverty line. SIFEM’s investment will contribute to economic and social development by creating more and better jobs in the country. The investment will also help broaden the country’s tax base.

Development rationale
Investments by the Fund (as of 2023-12)
Name Year Country Industry Status
Inteluck 2023 Cayman Islands* Transportation and storage Active
Dali Discount 2022 Philippines Food products and beverages Active
Micro-D International 2021 Philippines Software and computer services Active
Cloudstaff 2020 Philippines Other industrial services Active
Great Deals 2020 Philippines Other industrial services Active
Note: Countries with an * are countries from which services are provided in emerging and developing countries. Please refer to our Data Taxonomy page for details on the nature and quality of the information we publish.
Reference code
19-134
Status
Active
Date of commitment
2019-06
Fund size (target)
USD 150 million
SIFEM commitment
USD 15 million
Portfolio
Own balance sheet
Concessional finance
0%
Asset class
Private Equity
Type
Fund
ESG Risk Categories
Environmental & Social: B
Governance: -
Instrument
Private Equity Fund
Target country
Philippines
Target sector
Generalist
Manager