New $400M PE Fund Launched to Focus on Asia Cleantech

Through a partnership between Asian Development Bank, ORIX, and Robeco a new Hong Kong-based fund was launched on Aug. 4 to invest in cleantech, resource efficiency, agriculture, forestry, and water startups across Asia.

The new private equity fund will be called Asia Capital Partners and will be capitalized with an initial $400 million from its founding firms, according to a statement by ORIX, a Tokyo-based finance and leasing company. The Netherland’s Robeco Institutional Asset Management will act as investment manager of the fund.

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