IFC Emerging Asia Fund makes equity, equity-related and mezzanine investments across all sectors in the emerging markets of Asia
Head
Andrew joined AMC in December 2014. Prior to this, he spent seven years at Standard Chartered Bank’s Private Equity Business, first as Global Head of Infrastructure and then Global Co-Head of Energy Resources and Infrastructure. He was also Co-CEO of the SCI Asia Fund. Andrew has more than twenty five years of experience including as Head of M&A at InterGen Asia and prior to that as Head of Power and Energy at Goldman Sachs Asia.
Andrew holds a Bachelor of Commerce degree in Accounting and a Bachelor of Law degree from the University of New South Wales in Australia.
Principal
Inderbir joined AMC in 2015. He has more than 19 years of experience in private equity and debt investments, equity research, and public policy. Prior to joining AMC, Inderbir held various positions in the Financial Institutions Group at IFC, including managing the South Asia portfolio and subsequently leading the direct equity investments across Asia Pacific. He has also worked at the World Bank in providing financial and advisory assistance to national and provincial governments in India and East Africa in the areas of SME financing, Infrastructure PPPs, Innovation Policy and Investment Climate. Prior to joining the World Bank Group, Inderbir served as a Vice President at Credit Suisse First Boston (CSFB) and Deutsche Bank, leading their Equities Research for the Pharmaceuticals, Telecom Services & Equipment, and Media sectors based in Mumbai. He has published papers on Investment Climate in India, Infrastructure Finance, Public Private Partnership units, and Enhancing Innovation Finance through seed and early stage venture capital funding.
Inderbir holds an MBA equivalent from the Indian Institute of Management, Ahmedabad, a Bachelors in Commerce (Honors) from Shri Ram College of Commerce, Delhi University, and a Diploma in Business Finance from the Indian Chartered Financial Analyst Institute.
Principal
Adam joined IFC in 2001 in Vietnam and has worked in Asia ever since, joining AMC in November 2015. He relocated to Singapore with AMC from Colombo, where he was the country manager for Sri Lanka and Maldives. From 2007 to 2011, Adam was the country manager for Indonesia and prior to that, he lived and worked in Vietnam and Cambodia running IFC's Advisory programs in the Mekong. Adam started his career at J.P. Morgan in London in M&A and structured finance, and left with two colleagues to start a European private equity fund in the early 1990s.
He has an MSc in development studies and a BA in philosophy, politics and economics from Oxford University.
Investment Manager
Amira joined AMC in June 2016 as an Associate with the IFC Emerging Asia Fund team. Prior to joining AMC, Amira was an Assistant Vice President with Citigroup in New York, where she focused on emerging market private equity investments. Prior to joining Citigroup, Amira was at Export Development Canada, where she provided financing and advisory services for Canadian corporations expanding internationally.
Amira holds an MBA with distinction from Columbia Business School and the University of Hong Kong and a Bachelor of Commerce in Finance from Concordia University.
Investment Manager
Yu Jin joined the IFC Emerging Asia Fund Team as an Associate in November 2017. He first joined AMC in December 2015 as an Investment Analyst, working across regions with the Financial Institution and Infrastructure Funds to assess potential investments and monitor portfolio companies. Prior to joining AMC, Yu Jin was an Analyst based in Singapore at Partners Group AG, where he focused on buyout and minority growth private equity transactions in the business and financial services sector. Prior to joining Partners Group, he worked at Standard Chartered Bank in Singapore, where he provided trade finance solutions to corporate clients.
Yu Jin holds a BBA with First Class Honors from National University of Singapore Business School. He is also a CFA charter holder.
Investment Manager
Jainish began his career with IFC in 2016 with the MAS department (South Asia) based in Mumbai. He has interdisciplinary exposure across assurance, corporate finance and investment banking. Prior to IFC, Jainish was an investment banker at Macquarie where he focused raising capital for companies in infrastructure and consumer sectors.
Jainish is a Chartered Accountant and graduated from University of Mumbai in 2014. He is also a CFA® Charter holder.
Program Assistant
Lonika joined AMC in June 2016. Prior to joining AMC, Lonika was a Team Assistant with the IFC Infrastructure and Natural Resources Group in New Delhi, and with the Environment Corporate and Social Governance team. She has worked at IFC for the past six years. In her roles at IFC, she handled a mix of administrative and portfolio work. Prior to joining IFC, Lonika worked for American Airlines where she managed extensive client interactions linked to ground and security operations.
Lonika holds a BA in English from Delhi University.
| Investment | Sector | Country | Status | Investment Date |
|---|---|---|---|---|
| ALBA Group Asia Limited | Waste Management | China | Current | August, 2022 |
| ALBA Group Asia Limited | Waste Management | China | Current | December, 2020 |
| Altus Regional Partnership | Specialized Finance | Philippines, Thailand, Indonesia, Vietnam | Current | October, 2018 |
| Apollo Health & Lifestyle Limited | Healthcare | India | Current | November, 2016 |
| Bizongo | E-Commerce | India | Current | December, 2021 |
| Blackbuck (Zinka Logistics Solutions Private Limited) | E-logistics | India | Current | July, 2021 |
| Cebu Air, Inc. | Airlines | Philippines | Current | May, 2021 |
| Commercial Bank of Ceylon PLC | Banking | Sri Lanka | Current | October, 2020 |
| Crystal Crop Protection Limited | Agrochemicals | India | Current | October, 2022 |
| Evermos | E-Commerce | Indonesia | Current | May, 2023 |
| Federal Bank Limited | Banking | India | Current | July, 2021 |
| HDBank | Banking | Vietnam | Current | December, 2021 |
| Mavin Group Joint Stock Company | Animal Protein | Vietnam | Current | August, 2022 |
| Provident Housing Limited | Real Estate | India | Current | December, 2020 |
| PVI Holdings | Insurance | Vietnam | Current | August, 2021 |
| Shwe Taung Cement Company Limited | Building Materials | Myanmar | Exited | January, 2018 |
| Summit Power International Limited | Power Generation | Bangladesh/Singapore | Exited | August, 2016 |
| TATA 1MG Technologies Private Limited | Digital Healthcare | India | Current | May, 2021 |
| upGrad Education Private Limited | Education Technology | India | Current | July, 2021 |
| Voyager Innovations | Digital Payments | Philippines | Current | December, 2018 |
| Zenex | Animal Pharmaceuticals | India | Current | January, 2022 |
Waste Management
China
Current
August, 2022
Waste Management
China
Current
December, 2020
Specialized Finance
Philippines, Thailand, Indonesia, Vietnam
Current
October, 2018
Healthcare
India
Current
November, 2016
E-Commerce
India
Current
December, 2021
E-logistics
India
Current
July, 2021
Airlines
Philippines
Current
May, 2021
Banking
Sri Lanka
Current
October, 2020
Agrochemicals
India
Current
October, 2022
E-Commerce
Indonesia
Current
May, 2023
Banking
India
Current
July, 2021
Banking
Vietnam
Current
December, 2021
Animal Protein
Vietnam
Current
August, 2022
Real Estate
India
Current
December, 2020
Insurance
Vietnam
Current
August, 2021
Building Materials
Myanmar
Exited
January, 2018
Power Generation
Bangladesh/Singapore
Exited
August, 2016
Digital Healthcare
India
Current
May, 2021
Education Technology
India
Current
July, 2021
Digital Payments
Philippines
Current
December, 2018
Animal Pharmaceuticals
India
Current
January, 2022