MANILA, PHILIPPINES – The Asian Development Bank
(ADB) has approved an equity investment in a $625 million private equity fund
focused exclusively on Philippine infrastructure projects – the largest and
first of its kind in the country and well-timed to capitalize on various
public-private partnership opportunities in the Philippines. - ADB’s investment in the Philippine Investment
Alliance for Infrastructure (PINAI) fund is alongside commitments from
Philippines’ state-owned pension fund Government Service Insurance System
(GSIS), Dutch pension fund asset manager APG, and the Macquarie Group.
full article at ADB web site http://www.adb.org/news/first-ever-private-equity-fund-philippine-infrastructure-investments
Advice passed on by Jillian Roque at PSLINK
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