SEA Deal Ticker
Sweden's Swedfund commits $15M to Navegar Fund III, backing mid-sized Philippine companies
The Swedish development financier anchored Navegar's $250M third fund, which writes cheques into consumer and business-services firms across healthcare, food distribution and logistics.
Positive-sum angle: Development capital underwriting a local PE fund — rather than parachuting in directly — deepens the Philippines' own deal-making bench, so the next generation of mid-market firms is grown by Manila managers, not foreign branch offices.