devinitorg/iati-policy-markers huggingface dataset:
Carlyle Asia Growth Partners V The proposed project consists of an equity investment of up to US$25-30 million in the Carlyle Asia Growth Partners V, L.P. (CAGP V or the Fund), a 10-year closed end generalist private equity fund domiciled in the Cayman Islands and managed by an affiliate of The Carlyle Group (Carlyle or the Fund Manager). The Fund targets small buyout and late-stage growth capital investments primarily in China and India and opportunistically in South Korea. The Fund is targeting US$1 billion in commitments. The Fund is expected to make 15 to 20 investments with ticket sizes ranging between US$30million to US$75 million. (i) Economic growth and job creation: The proposed investment will contribute to the World Bank Group's goals of poverty alleviation by promoting job creation. The Fund will target investments in high-growth companies that are expected to create new employment opportunities by focusing on middle market growth equity investments, which historically have had the largest impact on job creation. 

(ii) Access to finance: the Fund will focus on small and midcap companies that need growth capital and seek value adding experienced partners that can help them realize their growth and cross-border expansion plans.

(iii) Private sector development:  Given its presence and investment track record across developed and regulated markets, Carlyle has a strong network, a well-recognized brand, and well-designed investment processes, governance, and reporting standards. The proposed investment will allow IFC to promote the use of such private equity best practices across emerging markets, as the growth in these markets requires a robust private equity industry to develop alongside more traditional sources of finance. Carlyle can bring multiple value added capabilities (M&A expertise, international expansion, and management enhancement among others) to help further private sector growth in the region.
Avenue Asia Special Situations Fund IV, LP Avenue Asia Special Situations Fund IV, L.P. (Avenue IV or the Fund) is a closed-end fund, which will primarily invest in distressed securities and assets in Asia.  IFC proposes to invest $50 million in the Fund.    Investments are expected to include the securities and assets of companies that are:   - undergoing restructuring, reorganization or bankruptcy; - operationally sound, but financially troubled due to bad balance sheets, inadequate capitalization or poor access to capital; or  - otherwise being sold for less than their intrinsic value. IFCs developmental objective is to support a workout alternative for single distressed credits and Non-Performing Loans (NPL) pools in Asia.     The project will have the goal of helping to improve the balance sheets of banks by providing an avenue for banks to dispose of their Non-Performing Loans, which are a significant and growing burden on capital adequacy.  NPL disposals free-up balance sheet resources which otherwise cannot be productively channeled to credit-worthy clients.      The Fund Managers investments are expected to lead to stronger relationships with the management teams of the underlying companies.      The Fund Manager will aim to restore over-leveraged companies in the region to financial health through the implementation of financial restructuring strategies.
Sunergise Equity Sunergise, an emerging company in the solar rooftop space, replicates a proven business model from the United States of America, where it purchases, owns and finances the solar systems which are installed on customer premises. Customers, in-turn, sign a Power Purchase Agreement (PPA) for a duration of 10-20 years and pay for the power produced at a lower unit cost than what they would have paid for from the grid, on a monthly basis. The success of the model has been driven by the fact that customers are able to adopt cheaper, cleaner power without having to outlay any upfront capital expenditure.   IFCs investment will provide project equity which will enable Sunergise International Limited (Sunergise, or the Company) to scale up and mobilize additional commercial debt financing to install solar projects. Sunergise has a portfolio of projects which it has installed using Sponsor capital and commercial debt. Since the business commenced over 18 months ago, it has built solid pipeline of reputable customers across the Pacific.  To date, the Company has installed 0.9MW and with IFCs financing can install an additional 2MW of solar systems across the Republic of Fiji, Solomon Islands and the Independent State of Papua New Guinea (PNG). -	Sunergise provides companies in the Pacific region with access to lower cost power and reduces reliance on expensive fossil fuel imports and exposure to oil price fluctuations, increasing energy security in the Pacific region. -	Supports the renewable energy targets to achieve 50% by 2015 of many Pacific Island Countries. For each 1 MWp of installed solar power it is estimated that around 900 tCO2eq/annum of GHG emissions will be avoided based on peak daytime loads currently being met by diesel generation of grid electricity in Fiji and 1,600 MWhr/annum of electricity generated per installed MWp. Accordingly, the project will reduce the generation of GHG Emissions by an estimated 2,745 tCO2eq/annum with the targeted installation of 3.05 MWp by the end of 2015.
Armstrong South East Asia Clean Energy Fund, L.P. IFC is proposing an equity investment of up to US$20 million in Armstrong South East Asia Clean Energy Fund, L.P. (Armstrong Fund or the Fund), a 10-year closed-end private equity fund focusing on climate businesses targeting US$150 million of commitments.  The Fund conducted its initial closing in August 2012 with US$65 million in commitments from institutional and corporate investors.  The Armstrong Fund intends to make approximately 10 equity and equity-like investments in South East Asia in the range of US$5 million and US$20 million. The Fund will target businesses that develop, construct, own and operate renewable energy generation and resource efficiency projects.  Initially the Fund intends to particularly target opportunities in the solar-energy market in Thailand and the small-scale hydro-electric power market in Indonesia. IFC's investment in the Fund is expected to have the following development impact: (i) The Fund will support the mitigation of climate change through reduced GHG emissions per unit of energy produced by their investee companies relative to conventional energy sources; (ii) The Fund will catalyze the role and growth of the private sector in the South East Asian Power markets by investing in small-scale Independent Power Producers (IPPs).  It will help provide access to power to the broader population in the target countries; (iii) The Fund will help its investees grow sustainably and create jobs directly and indirectly.
NAVIS CLMV Co-Investment Fund, L.P. The proposed investment is for up to US$25 million in Navis CLMV Co-Investment Fund, L.P. (the Fund or the CLMV Fund), a US$150 million (target) buyout fund investing into Cambodia, Laos, Myanmar and Vietnam (CLMV). The Fund will be managed by Navis Capital Partners Limited or an affiliate thereof (Navis) and will co-invest alongside Navis Asia Fund VIII, L.P. and its parallel funds (Navis VIII) in investments in the CLMV markets. The most significant, expected project-level outcomes include: (i) providing access to 6 to 8 mid-cap companies, including on the larger end of the mid cap segment, focused on businesses in CLMV countries, especially in the IDA countries (CLM), where access to private equity or traditional sources of capital is extremely limited; and (ii) increased investee growth, through the Fund manager's focus on improving operational efficiency and corporate best practices.
SMELoan Project SMELoan is a company specialized in providing working capital loans to small and medium enterprises (SMEs) utilizing an innovative credit scoring method and an internet enabled technology platform. Currently, the company is focused on the Hong Kong market of which many of its clients have their manufacturing bases in Southern China. In the aggregate these businesses employ about 19,000 people and are typically five to seven year old, family owned and managed businesses, involved in light manufacturing or distribution businesses. The company would use IFC''s investment to complete its technology development, securitize its portfolio and expand its operations into the emerging markets.     IFC''s Role      Provision of risk capital.     IFC will be providing financing to a new enterprise which is using new technology for expansion into riskier markets.  It would be difficult to find traditional sources of financing for that type of a venture.     IFC will facilitate implementation of the company''s expansion plans.     IFC has significant amount of knowledge on the small and medium enterprise (SME) sectors in China, Philippines, Thailand, India and Korea accumulated through studies, project development facilities and partnerships with local financial institutions.  Using this knowledge, IFC will help identify prospects for the international deployment of SMELoan''s technology.       Developmental Impact    The developmental significance of this project is related to its potential impact of the technology for SME lending. High transaction costs, high risks and collateral requirements have been the main factors constraining SMEs access to bank lending. The project develops and employs a new business model that not only lowers customer acquisition costs, but also dramatically improves core credit and customer management processes by relying on internet technologies for standardization and real-time access to information on the performance of the borrower. The model relaxes the collateral constraint to SME lending by making it easier to base credit decisions on the use of account receivables as collateral as opposed to real estate for instance.       The technology has the potential of increasing competition in the credit market, by providing new entrants with the ability to manage a large number of borrowers while closely managing the credit risk of each individual account. The efficiency and scalability of online lending will not only allow the company to compete against more traditional banks, but it would also allow it to target the kind of small businesses that banks are wary of lending to because of the high costs of servicing the loan. This is expected to have a strong demonstration effect and create pressure on banks to adopt new practices in their SME lending. Increased competition among financial institutions would benefit SMEs.
DARP IFC/ADM Cornerstone Facility The proposed project, DARP IFC/ADM Lending Facility (the Facility), aims to set up a lending facility platform that will invest in small to mid cap companies in Asia, targeting stressed and turnaround investments.  The Facility would extend loans to companies with strong fundamentals but facing difficulty raising new financing due to financial imbalances or inability to access conventional bank financing avenues.  The objective of the Facility would be to provide funding to otherwise sound companies and position them for growth in the aftermath of the recent crisis.   ADM Capital (ADM Capital) will act as the Facility agent to source, structure, execute, and supervise the investments made under the Facility. By providing sound, but financially stressed, companies with access to financing which they would not otherwise be able to access using conventional banking avenues, the Facility would:  i) support viable private sector companies; ii) save jobs; iii) increase efficiency; and iv) maintain productive asset utilization.  Investing in stressed companies with the aim of corporate turnaround and recovery, has a high development impact in improving corporate governance and transparency of investee companies as well as inducing managerial and operational improvements required to restore viability to the investee company.
Lombard Asia III Lombard Asia III L.P. (Lombard Asia III or the fund) is seeking $300 million to $500 million in capital commitments to build a portfolio of equity and equity-related investments in mid- to late-stage expansion capital and restructuring companies. The fund will concentrate on investment opportunities in the $10 million to $50 million range in the emerging markets of Southeast Asia. Lombard Asia III held a first closing in February 2006 at $153.5 million, with commitments from CalPERS, Asia Development Bank and two Malaysian pension funds. The fund is expected to deliver significant development impacts in the emerging markets of Southeast Asia by providing equity financing for the development of companies:   - While much attention and private equity capital has been drawn to the two largest Asian economies of China and India in the past years, it is still relatively scarce outside these two markets. - By providing capital and management expertise, the fund will assist in the restructuring and growth of companies as well as the adaptation of environmental and social standards which will facilitate private sector development and lead to economic growth.
China-ASEAN Fund on Investment Cooperation China-ASEAN Investment Cooperation Fund ("CAF" or "Fund") is an unlisted, closed end private equity fund with a target size of $1 billion.  The Export-Import Bank of China (The Exim Bank) will be the anchor sponsor for CAF with a seed investment of $300 million.  

The target geographies are the ASEAN countries with a mandate to support commercially viable infrastructure projects.  The Fund will make investments in equity, equity-linked instruments in both minority and majority.  The Fund will primarily focus on the infrastructure sector with investments in transportation facilities, public works, telecommunication network, energy, resources etc.  The Fund will also target strategic opportunities based on market needs and work with the respective governments to secure concession for the larger deals.  The initial investments will be in cash-flow viable projects/companies.  
. Infrastructure investment is among the most important challenges facing the Asian economy, with overall growth, living standards, trade and commerce constrained by bottlenecks in the power, water, transport, sanitation and other related sectors.  The public sectors resources are not sufficient to meet all infrastructure investment requirements in the target countries.  A key challenge facing developers of private or public-private partnership infrastructure projects has been the limited availability of equity capital. Given the large funding requirements as well as the longer gestation periods of such projects, long term equity, as opposed to the typical available equity with a short term investment horizon, has remained a scarce commodity for such projects. This project will thus address a key constraint to the increasing involvement of the private sector in the development of infrastructure projects thereby resulting in efficient and reliable provision of infrastructure services. It will also free up public sector capital to be invested in other priority sectors.
Growtheum Capital Partners SEA Fund I LP The proposed investment is for up to US$30.5 million in Growtheum Capital Partners SEA Fund I, LP (the Fund or Fund I), a US$600-800 million (target) private equity fund making active minority growth investments in Southeast Asia (SE Asia). The Fund will primarily target the consumer, healthcare, financial services, education, technology and related sectors with a focus on omnichannel business models. Expected development impact outcomes include i) providing access to equity capital for mid-cap companies in SE Asia, and ii) value creation for the Funds portfolio companies through hands-on operational and strategic support.
DARP Clearwater The global economic contraction, turmoil in the global financial markets and withdrawal of banks and other financial institutions from the Asia region have all contributed to significant price declines of financial assets in Asia. In this market environment, it is anticipated that over the next few years a number of viable companies that are now in financial stress become distressed as they exhaust their refinancing options, and/or violate covenants associated with their debt structure/obligations. These companies, many viable and typically mid-sized, face tremendous difficulties in the previously described scenario, as traditional banks stop lending to them while at the same time find it very difficult to reach adequate restructuring solutions.   

Clearwater Capital Partners, LLC (CW and Sponsor) a large and experienced Distressed Asset (DA) investors in Asia, is currently closing an investment fund (Fund IV, the Fund) which will be dedicated to pursue DA opportunities in the Asia region.  The Fund primarily aims to: i) support the funding needs of mid-sized companies in the Asia region which are either too small for major banks or do not meet the risk profiles sought by such banks; and ii) purchase assets from financial institutions to help address asset quality and free up capital for new lending.  In that context, CW and IFC plan to structure a debt facility for certain Fund investments where leveraging would be appropriate. Support Private Sector Investment in NPL Portfolios:  Distressed asset transactions help improve the stability of banking systems by providing a way for banks to manage their NPLs/asset quality and allow banks refocus their recourses and activities back to lending.  In Asia, while there is private sector interest/activity in this segment, it is largely directed towards more developed markets (e.g., Japan, Australia).  

Without a means to support stressed companies or resolving NPLs, economic assets can lie stagnant and unproductive.  In addition, such investments can help many borrowers to de-leverage their balance sheets to sustainable levels, avoiding the unwinding of otherwise viable companies.
GEF Marine Aquarium Market Transformation Initiative (MAMTI) Since its establishment as a private U.S.-based not-for-profit organization in 1998, the Marine Aquarium Counsel (MAC or the company) has spearheaded development of a comprehensive set of performance standards and a third party certification system in order to ensure that the marine ornamentals trade is conducted in a responsible, sustainable manner.  MAC has now partnered with two other nongovernmental organizations  the Conservation and Community Investment Forum and Reef Check  to provide a strategic combination of supply-side and demand-side interventions aimed at accelerating the adoption of MAC standards in the Philippines and Indonesia.  The purpose of this project is to convert a substantial portion of the marine aquarium industry into a trade based on marine conservation, sustainable use, and sustainable livelihoods that contribute to poverty alleviation and food security.  The project will achieve this market transformation process by:   -  building the capacity of community stakeholders to develop certified ecosystem management,  -  ensuring there is scientific assessment and monitoring of coral reefs and marine ornamentals stocks for management,  -  establishing no-take zones and reef and stock restoration,  -  building the capacity of marine ornamentals collectors to become certified,  -  increasing the financial resources and business skills for collectors to participate in a sustainable trade,  -  increasing the participation of exporters, importers, and retailers in certification, and  -  raising the awareness of, and demand for, certified marine ornamentals among consumers.
Cambodia Laos Development Fund Cambodia-Laos Development Fund (the Fund) is a proposed private equity fund that will make equity and equity-related investments in small and medium-sized enterprises (SMEs) in Cambodia and Lao Peoples Democratic Republic (Laos).  The Fund will invest in SMEs across multiple sectors with a preliminary early focus on business services, agribusiness, and microfinance. - Private sector development: The Fund will add value to its investee companies, by providing managerial and strategic support to improve their competitiveness and sustainability.

- Implementation of best practice for corporate governance in portfolio companies: The Fund will adopt international best practices for corporate governance and management, as well as transparency, thus fostering knowledge and skill transfer, and encouraging best practices across the industry.

- Support for SMEs:  The Fund is expected to invest predominantly in SMEs.
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          The Project consists of an IFC investment, under IFC Distressed Asset Recovery Program (DARP), of up to US$75 million to invest in distressed and special situations assets of companies operating in emerging markets in Asia including China, India, Indonesia, Philippines, Thailand, and Vietnam.  
       
       
         For this purpose, IFC will co-invest with a fifth-generation fund formed by Clearwater Capital Partners (Fund V) in a special purpose vehicle ("DARP SPV CW2" or the SPV) dedicated exclusively to such distressed and special situations assets. Clearwater Capital Partners, LLC will manage the assets under the SPV. Through the SPV, IFC will be channeling financing to local companies in distress, supporting them to meet their financial obligations, achieve sustainable growth and contribute to job creation and local economic stability.
Jungle Fund III Jungle Ventures Fund III, L.P.  (Jungle Fund III or the Fund) is targeted to be a $150 million Venture Capital (VC) fund focusing primarily on Series A/B investments in Southeast Asia (SEA). The Fund aims to invest primarily in companies within the consumer internet, fintech and Business-to-Business (B2B)/Small and Medium Enterprises (SME) digitization verticals. i) Addressing the gap in Series A+ funding in SEA by providing investee companies with access to scarce financing, allowing job creation, knowledge transfer and growth amongst SMEs.
  ii)Support and develop innovation, technology and entrepreneurs in SEA by supporting growing internet companies in the region focused on delivering consumption upgrade and improving efficiency and digitization among businesses, especially among SMEs.