MICROCAPITAL BRIEF: FMO Committing $30m to South Asia Growth Fund III to Support Equity Placements in Businesses Reducing Environmental Impacts, Mainly in India

US-based Global Environment Fund (GEF) Capital Partners recently secured USD 30 million for its South Asia Growth Fund (SAGF) III from the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO). The funding is to boost the fund’s “equity and equity-linked” investments in middle-market institutions engaged in