AFMF: ASEAN Frontier Markets Fund
Asia
Region
106.3
Commitment (MNOK)
Active
Status
The ASEAN Frontier Markets Fund (AFMF), is successor to the CLMDF ll and CLDF, where Norfund is currently invested. The Fund has a capital target of USD 90m and will provide growth capital to local SMEs in Cambodia and Laos. The Fund Manager, EMIA, was one of the first to pioneer the Cambodia and Laos market and remains as one of few managers in these countries.
Key information
- Sector:
- SME Funds
- Commitment (MNOK):
- 106.3
- Year:
- 2021
- Region:
- Asia
- Country:
- Regional
- Domicile:
- Singapore
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
AFMF: ASEAN Frontier Markets Fund investments
| Investee | Sector | Country |
|---|---|---|
| Amru Rice Cambodia) Co., Ltd. | Cambodia |
Additionality AFMF: Asean Frontier Markets Fund
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the riskiest markets
- Investing in difficult business environments
- Investing in sectors with high development needs
- Investing in high risk instruments
- Targeting underserved segments
- Mobilising private investors
- Taking an active role in investments
- Improving social and environmental performance