Emerging Markets

Investment Focus PDF Print E-mail

Sectors
The Fund invests in SMEs across multiple sectors and is not confined to investments in specific industries.  While the Fund will employ a ground-up approach to investment identification across all key sectors in both countries, initial sectors of focus include:  business services (professional services, IT, logistics/transport), agri-business/processing, light manufacturing, communications and financial services.  

Typical Investee Profile

Consistent with the Fund’s investment proposition, regardless of sector or deal classification, the following business characteristics are critical to CLDF investments:

  • Management commitment to transparency and international-standard business management
  • “New economy” entrepreneurs whose position and success are driven by service/product performance
  • High-performing businesses within their sectors
  • Opportunity for positive impact on overall economic development in each company’s respective country
  • EMI team having a substantial opportunity to influence their strategic and operational development

Broad Investment Characteristics

CLDF will make equity and equity-related investments between $250K and $2M per investment.  Typically, CLDF will make investments where it secures a meaningful minority ownership interest (10%-49%).  In no situation; however, will CLDF take a majority position as we seek to back managers who have the expertise and experience to successfully grow their business.  The exact investment structure and investment type will be driven by the unique needs and characteristics of each business.

Social and Environmental Management and Good Governance

The Fund has adopted a rigorous Social and Environmental Management System, which will ensure that our investees meet commitments to standards as set out in the Performance Standards of the International Finance Corporation, as well as those Applicable Requirements  defined by each target country’s  laws  and responsibilities under signed international conventions.

CLDF’s investees must also show adequate commitment to observing good governance practices, including Good Corporate Governance and the avoidance of sanctionable practices – corrupt, fraudulent, coercive, collusive and obstructive practices - and compliance with national taxation and reporting laws.

EMI’s team seeks to work with its investees to ensure systems of Good Corporate Governance and compliance are in place.

 
 

Latest News

The official launch of the Cambodia-Laos Development Fund was marked by events to introduce the Fund in both Laos and Cambodia on January 25th and 28th respectively.  The events were attended by members of the private sector and development communities as well as government representatives. 

Keynote remarks at the Cambodian event were provided by Ms. Kristin Clemet, Chairwoman of the Board of Directors of the Norwegian Investment Fund for Developing Countries.  Ms. Clemet served as the Minister of Education and Research for Norway from 2001 to 2005 and as a member of Parliament from 1989 to 1993.

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