Final close achieved for USD1 billion Investment Cooperation Fund
Date
November 23, 2022
Type
Fundraising completed
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ESR Group Limited has partnered with the Export-Import Bank of China for the closing of the US$1 billion China-ASEAN Investment Cooperation Fund (CAF II).
CAF II has received the total amount from the Export-Import Bank of China, Gezhouba Group Overseas Investment Corporation, China Road & Bridge Corporation, and ARA. The CAF II fund is a USD-denominated offshore quasi-sovereign equity fund that targets infrastructure, energy, and natural resources investment opportunities in ASEAN countries.
The Export–Import Bank of China has appointed ARA Infrastructure as its investment advisor.
