Regional: Quadria Capital Fund III LP
The proposed $25 million investment in Quadria Capital Fund III LP, a targeted $800 million regional and healthcare-focused private equity fund will enable ADB to provide growth capital to healthcare companies headquartered or with significant business operations primarily in India, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Viet Nam.
Project Details
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Project Officer
Mahmud, Farshed
Private Sector Operations Department
Request for information -
Approval Date
6 December 2022 -
Country/Economy
Regional -
Sector
- Finance
| Project Name | Quadria Capital Fund III LP | |||||
| Project Number | 56201-001 | |||||
| Borrower / Company | Quadria Capital Fund III LP |
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| Country / Economy | Regional India Indonesia Malaysia Philippines Singapore Thailand Viet Nam |
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| Location | India - Nation-wide; Indonesia - Nation-wide; Malaysia - Nation-wide; Philippines - Nation-wide; Singapore - Nation-wide; Thailand - Nation-wide; Viet Nam - Nation-wide | |||||
| Type or Modality of Assistance |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Private sector development |
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| Sector / Subsector | Finance / Infrastructure finance and investment funds |
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| Gender Equity and Mainstreaming | Effective gender mainstreaming | |||||
| Responsible ADB Department | Private Sector Operations Department | |||||
| Responsible ADB Division | Private Sector Investment Funds and Special Initiatives Division | |||||
| Responsible ADB Officer | Mahmud, Farshed | |||||
| Project Sponsor(s) | ||||||
| Description | The proposed $25 million investment in Quadria Capital Fund III LP, a targeted $800 million regional and healthcare-focused private equity fund will enable ADB to provide growth capital to healthcare companies headquartered or with significant business operations primarily in India, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Viet Nam. | |||||
| Objectives and Scope | ||||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
|---|---|
| Environment | FI |
| Involuntary Resettlement | FI |
| Indigenous Peoples | FI |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
|---|---|
| Concept Clearance | 18 Oct 2022 |
| Credit Committee Meeting | 18 Oct 2022 |
| Approval | 06 Dec 2022 |
| Last PDS Update | 06 Dec 2022 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
| Title | Document Type | Document Date |
|---|---|---|
| Investment in Quadria Capital Fund III LP: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Oct 2022 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
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ADB Invests $25 Million in Quadria Capital Fund III for Health Care Investments in Developing Asia
ADB signed a $25 million equity investment with Quadria Capital Fund III LP to enhance the quality, accessibility, and affordability of health care in Southeast Asia and South Asia.