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CLMDF II

Cambodia-Laos-Myanmar Development Fund II is a regional private equity fund focused on investing in small and medium enterprises (SMEs) located in Cambodia, Laos and Myanmar. CLMDF II is managed by Emerging Markets Investment Advisers (EMI), a Singapore-based fund management company with a six-year history. In 2011, SIFEM also invested in EMI’s predecessor fund, the Cambodia Laos Development Fund.

CLMDF II

Cambodia-Laos-Myanmar Development Fund II is a regional private equity fund focused on investing in small and medium enterprises (SMEs) located in Cambodia, Laos and Myanmar. CLMDF II is managed by Emerging Markets Investment Advisers (EMI), a Singapore-based fund management company with a six-year history. In 2011, SIFEM also invested in EMI’s predecessor fund, the Cambodia Laos Development Fund.

About the fund

CLMDF II’s target countries – Cambodia, Laos and Myanmar – are classified as Least Developed Countries (LDCs) by the Organization for Economic Cooperation and Development (OECD). While their economies have grown in recent years, the lack of capital and managerial know-how continues to delay the establishment of a healthy, formalized private sector, impeding these countries’ overall development. For SMEs, bank loans are often unsuitable and difficult to obtain even with the required collateral. Hence the provision of capital to local private equity funds is critical to these typically underserved regions.

As part of its investment strategy, CLMDF II will focus on SMEs serving scalable local markets, including those targeting the bottom-of-the-pyramid. The fund’s key investment sectors are expected to include: (micro) finance, education, healthcare, food and beverage (including processing), tourism and selected niche manufacturing opportunities.

iCare Benefits Cambodia is one of the investee companies of CLMDF II. Please watch the video for more information about this interesting company.

Investments by the fund

             
Date Name Country Industry Status
2017 Company 1 Cambodia Hotels, restaurants and catering Active
2018 Company 2 Cambodia Insurance Active
2017 Company 3 Laos Other industrial services Active
2018 Company 4 Laos Forestry Active
2016 Company 5 Cambodia Insurance Active
2021 Company 6 Cambodia Other financial services Active
2019 Company 7 Cambodia Healthcare services Active
2018 Company 8 Cambodia Farming, fishing and plantations Active
2019 Company 9 Myanmar Hotels, restaurants and catering Active
2019 Company 10 Myanmar Non-banking microfinance Active
2017 Company 11 Myanmar Travel and leisure Active
2019 Company 12 Myanmar Real estate Active
Reference code
2015-06
Status
Active
Date of commmitment
December 2015
Date of exit
-
Fund size
USD
45,000,000
SIFEM commitment
USD
4,200,000
Asset class
Private Equity
Investment strategy
Investment through Fund
Fund manager
Emerging Markets Investments