ESR Group Limited has partnered with the Export-Import Bank of China for the closing of the US$1 billion China-ASEAN Investment Cooperation Fund (CAF II).

CAF II has received the total amount from the Export-Import Bank of China, Gezhouba Group Overseas Investment Corporation, China Road & Bridge Corporation, and ARA. The CAF II fund is a USD-denominated offshore quasi-sovereign equity fund that targets infrastructure, energy, and natural resources investment opportunities in ASEAN countries.

The Export–Import Bank of China has appointed ARA Infrastructure as its investment advisor.