World Bank Group’s IFC Commits to Seraya Partners Fund II to Support Sustainable Infrastructure Development in Southeast Asia

Singapore, 25 February 2026 - To address critical infrastructure gaps in emerging markets in Southeast Asia, the International Finance Corporation ("IFC"), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has committed to Seraya Partners Fund II (the "Fund"), a private equity infrastructure fund managed by Seraya Partners.

IFC's USD 25 million equity commitment anchors the Fund's Southeast Asia Emerging Markets sleeve, which targets investments that support decarbonisation, improved connectivity, and inclusive economic growth, with a core focus on Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Development impact will be monitored through indicators including renewable energy generation and digital capacity expansion.

This is Seraya's first dedicated sleeve to invest in emerging markets in Southeast Asia. It will invest alongside the Fund's other sleeve, which is dedicated to developed markets in Asia Pacific. Together, investments in both sleeves are intended to connect the value chain across developed and developing markets, fostering greater regional integration and new economic opportunities, including job creation.

"IFC's investment in Seraya Partners Fund II is aimed at improving access to quality infrastructure in emerging markets in Southeast Asia," said Katherine Koh, Regional Industry Manager for Infrastructure and Natural Resources, Asia Pacific at IFC. "Our investment also aims to signal confidence in investing in critical infrastructure projects in these markets and help channel more private capital into the region, which will ultimately support long-term economic resilience in Southeast Asia."

James Chern, Managing Partner and Chief Investment Officer of Seraya Partners, said: "Seraya Partners is honoured to partner with IFC on the Fund. IFC's commitment validates our differentiated strategy to invest in infrastructure that supports Asia's emerging markets. This strategic partnership will help deliver measurable impact across the region."