Bangladesh may get ADB-sponsored Creador V investment

Creador V LP (Creador V), a private equity fund managed by investment firm Creador, has signed a $60 million equity investment deal with the Asian Development Bank for investments in companies in South and Southeast Asia.

As part of the investment, Creador may invest to provide growth capital primarily to middle-market companies operating in various sectors in some countries including Bangladesh.

The investment is expected to create new jobs, increase tax revenues, and improve access to health and financial services.

The other countries in the list are India, Indonesia, Malaysia, the Philippines, and Vietnam, and may also selectively consider countries like Singapore, Sri Lanka, and Thailand.

“Creador has evolved into one of the leading institutional private equity platforms in Southeast Asia,” said ADB Private Sector Investment Funds and Special Initiatives Division Director Janette Hall.

“ADB is proud to continue our partnership with Creador as they remain focused on markets and sectors where ADB seeks to build out our equity portfolio.”

This is ADB’s third investment in a Creador-managed fund following investments in Creador III, LP in 2016, and Creador IV, LP in 2018.

As part of ADB’s investment, Creador will adopt gender initiatives to promote greater financial inclusion of women through investments.

Creador was established in 2011 and has since successfully launched five private equity funds, totaling approximately $2 billion in committed capital as of December 2021. It employs 50 professionals across five offices in developing Asia.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.