IFC Emerging Asia Fund

IFC Emerging Asia Fund makes equity, equity-related and mezzanine investments across all sectors in the emerging markets of Asia

Fund facts

  • Size (US):

    $693 million
  • Vintage Year:

    2016
  • Sector:

    All IFC Sectors
  • Region:

    Emerging Asia

Fund team

Saadia Khairi

Co-Head

Saadia Khairi

Co-Head, IFC Emerging Asia Fund

Ms. Khairi moved from IFC to AMC in October 2014 to raise and manage the IFC Emerging Asia Fund. Ms. Khairi joined IFC in 2010, as the Chief Risk Officer for the corporation. In that role, she managed 140 people and oversaw IFC’s US$84 billion balance sheet, including a US$12.9 billion equity portfolio. Immediately before joining IFC, Ms. Khairi was the Chief Investment Officer of Manara Equity Partners based in Bahrain, managing the $460 million Manara Infrastructure Fund. Ms. Khairi’ prior experience includes 23 years with Citigroup in London, New York, Karachi, Hong Kong and Dubai. Her Citibank assignments included oil and gas, equity sourcing, project finance, risk management, portfolio management and private banking.

 

Ms. Khairi holds an MBA degree from Columbia University in New York and a Bachelor of Arts degree from the University of Sussex in the U.K.

Andrew Yee

Co-Head

Andrew Yee

Co-Head, IFC Emerging Asia Fund

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.

Adam Sack

Principal

Adam Sack

Principal, IFC Emerging Asia Fund

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.

Inderbir Singh Dhingra

Principal

Inderbir Singh Dhingra

Principal, IFC Emerging Asia Fund

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.

Autumn Learned

Investment Manager

Autumn Learned

Investment Manager, IFC Emerging Asia Fund

Autumn returned to AMC in March 2015 as part of the IFC Emerging Asia Fund, after a hiatus to obtain her MBA. Prior to joining the Emerging Asia Fund, Autumn worked as an Investment Analyst at AMC from 2011 to 2013. Previously, she was a Senior Investment Banking Analyst in the Mergers & Acquisitions group of Milestone Advisors from 2008 to 2011.

 

Autumn holds a B.S. in Economics from the Wharton School at the University of Pennsylvania and an MBA with distinction from INSEAD.

Ali Gara

Investment Manager

Ali Gara

Investment Manager, IFC Emerging Asia Fund

Ali joined AMC in September 2015 after completing his MBA. Previously Ali worked as Advisor at BP Caspian and Director and Chief of Staff at the Central Bank of Azerbaijan.

 

Ali holds a BA (with honors) in Political Science from Boğaziçi University in Istanbul, an MBA from Stanford Graduate School of Business and an MA in Eurasian Studies from the School of Foreign Service at Georgetown University. 

Amira Berrada

Investment Manager

Amira Berrada

Investment Manager, IFC Emerging Asia Fund

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.

Yu Jin Oh

Associate

Yu Jin Oh

Associate, IFC Emerging Asia Fund

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.

Portfolio

Investment Sector Country Status Investment Date
Apollo Health & Lifestyle Limited Healthcare India Current November, 2016
Shwe Taung Cement Company Limited Building Materials Myanmar Current January, 2018
Summit Power International Limited Power Generation Bangladesh/Singapore Current August, 2016

Company

Sector

Healthcare

Country

India

Status

Current

Investment Date

November, 2016

Sector

Building Materials

Country

Myanmar

Status

Current

Investment Date

January, 2018

Sector

Power Generation

Country

Bangladesh/Singapore

Status

Current

Investment Date

August, 2016