ABC Impact Doubles Fund Size Over $600 Million with Major Backing
Funding | Apr 14, 2025 | PR Newswire Cision ABC Impact
ABC Impact, an Asia-focused impact investment firm, has successfully concluded its second fund, raising over $600 million and doubling the size of its inaugural fund. This milestone reflects the firm's commitment to addressing Asia's critical social and environmental needs through impact-driven investments. The fund has attracted support from major institutional investors such as Temasek, the Asian Development Bank (ADB), and other high-net-worth individuals, underscoring the growing alignment of impact investing with addressing systemic issues via market-based approaches. The fund will concentrate on actionable solutions in clean energy, inclusive finance, healthcare, and sustainable food systems. Key investments include Aye Finance in India and Tekoma Energy in Japan. The completion of Fund II enables ABC Impact to expand its partnerships and focus on long-term commercial viable solutions with enduring impact.
Sectors
- Impact Investment
- Financial Services
Geography
- Singapore – The news is being announced from Singapore where ABC Impact's operations are centered.
- Asia – The focus of ABC Impact's investments is predominantly within the Asian region, addressing regional socio-ecological challenges.
Industry
- Impact Investment – The focus of the article is on an impact investment firm, ABC Impact, that seeks to address social and environmental issues through strategic investments.
- Financial Services – The article discusses the raising and management of funds, a key activity within the financial services sector.
Financials
- 600,000,000 – The total amount raised by ABC Impact for its second fund, marking a doubling of the initial fund.
- 900,000,000 – Total assets under management by ABC Impact including the sums from the second fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ABC Impact | Target company and Fund manager | Company | An Asia-focused impact investment firm managing over $900 million in assets with a mission to drive social and environmental outcomes. |
| Asian Development Bank | Investor | Company | A multilateral development bank providing financial assistance to countries in the Asian region. |
| Temasek | Investor and strategic partner | Company | A Singaporean state holding company with substantial investments worldwide. |
| Temasek Trust | Investor | Company | The philanthropic arm of Temasek, supporting impactful initiatives. |
| Aye Finance | Portfolio company | Company | Provides loans to micro and small enterprises in India, funded by ABC Impact's portfolio. |
| Tekoma Energy | Portfolio company | Company | A renewable energy developer in Japan focusing on solar energy projects. |
| DCDC Kidney Care | Portfolio company | Company | Operates a large network of dialysis centers in India providing affordable healthcare services. |