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New Deal


Announced

The Asian Development Bank to invest $95m in Temasek-backed Clifford Capital Holdings.

Synopsis

The Asian Development Bank, which assists its members and partners by providing loans, technical assistance, grants, and equity investments, agreed to invest $95m in Temasek-backed Clifford Capital Holdings, a specialist financing and distribution platform for infrastructure and other real assets globally, headquartered in Singapore. “ADB fully supports our mission to provide innovative financing solutions to address the substantial infrastructure financing gap in Asia. Given the critical institutional role of ADB in the region and its experience in supporting tenable infrastructure development across Asia, we are confident that we have established the right partnership to complement our existing shareholders to capture new growth opportunities and generate sustainable value and long-term returns,” Clive Kerner, CCH Group Chief Executive Officer.

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