Olympus Capital Asia V, L.P. Fund

ADB committed an equity investment of up to US$40.0 million in Olympus Capital Asia V, L.P. ('OCA V or 'the Fund ), a regional fund established to make equity investments in around fifteen portfolio companies in three key industry verticals: (i) agriculture & food services; (ii) financial & business services; and (iii) environmental & clean energy. Olympus Capital Asia V had a final closing on July 2017 with total commitments of US$215 million. ADB's commitment was subsequently capped at US$32.5m to avoid being the single largest shareholder of the fund. The Fund is managed by Olympus Capital, an experienced fund manager with 20 years of private equity investing track record in Asia and managing around US$2.0 billion in equity in over 50 companies in Asia. The team is composed of 50 senior advisors and investment professionals in Asia. The senior management team has worked together for an average of 15 years, and has significant capital invested in Olympus funds.