Swiss Investment Fund
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Ashmore Andean Fund II

Ashmore Andean Fund II (“AAF II”) is a USD 300m private equity fund focusing on infrastructure-related assets in Colombia, Peru and selectively Central America. AAF II will invest in companies that are active in such sectors as transport, power, telecoms, logistics and social infrastructure (i.e. healthcare and education).

Ashmore Andean Fund II

Ashmore Andean Fund II (“AAF II”) is a USD 300m private equity fund focusing on infrastructure-related assets in Colombia, Peru and selectively Central America. AAF II will invest in companies that are active in such sectors as transport, power, telecoms, logistics and social infrastructure (i.e. healthcare and education).

About the fund

The 2015-2030 Sustainable Development Goals (SDGs) identify a USD 1-1.5 trillion annual infrastructure deficit in developing countries, and as governments cannot meet this gap alone, DFIs play a crucial role in providing finance to this sector in a socially and environmentally responsible way. Thus, supporting funds such as AAF II is key to reducing the glaring infrastructure gap that hampers economic development and leaves millions of poor people without access to basic transportation, education and healthcare.

AAF II is managed by Ashmore Colombia SAS, a local team based in Bogota, and supported by Ashmore Group, a global asset manager. The team has extensive experience in making infrastructure investments, and is a dynamic team that has worked together for many years. 

Investments by the fund

             
Date Name Country Industry Status
2018 Company 1 Colombia Other industrial services Active
2020 Company 2 Colombia Travel and leisure Active
2018 Company 3 Peru Conventional energy production and supply Active
2018 Company 4 Colombia Education Active
2020 Company 5 Colombia Transportation and storage Active
2018 Company 6 Peru Other industrial services Active
2018 Company 7 Colombia Travel and leisure Active
Reference code
2015-08
Status
Active
Date of commmitment
January 2016
Date of exit
-
Fund size
USD
300,000,000
SIFEM commitment
USD
15,000,000
Asset class
Infrastructure
Investment strategy
Investment through Fund
Fund manager
Ashmore Colombia