Management response to the evaluation of ADB’s private equity fund investments, 2010–2025
What it examines
ADB management supports clearer assessment of additionality, a results framework for private equity funds and stronger portfolio monitoring. It argues that investment context, fund maturity and ADB’s role as a limited partner should inform assessment of performance. The response also discusses approval arrangements for co-investments.
Why it matters
Relevant to UK shareholder oversight of ADB’s use of public capital through private funds. This entry covers management’s response, not the independent evaluation itself, whose final report was not recovered. The document sets out intended improvements rather than evidence that they have been implemented.
Published with the evaluation landing dated 14 October 2026. The response says IED received it on 7 October. The final evaluation report was not available among the linked downloads when reviewed on 13 November.
Institutions and themes
Related documents
Catalogue entry reviewed 13 Nov 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.