FMO proposes $20m investment in PH-focused Navegar's new PE fund

FMO proposes $20m investment in PH-focused Navegar's new PE fund

The Philippines. Photo by REY MELVIN CARAAN on Unsplash

Dutch development bank FMO has proposed a $20-million investment in Navegar II LP, the latest private equity vehicle of Philippines-focused PE fund Navegar, according to a disclosure.