ABC Impact Doubles Fund Size with USD 600 Million Fund II
Funding | Apr 14, 2025 | PR Newswire Cision ABC Impact
ABC Impact, an investment firm focusing on Asia, has successfully closed its second fund at over $600 million, doubling the size of its predecessor. The fund attracted commitments from prominent institutional investors such as Temasek, Temasek Trust, and the Asian Development Bank. The investments will focus on critical sectors including clean energy, inclusive finance, and healthcare, addressing systemic social and environmental issues in Asia. Emphasizing a sustainable and inclusive future, ABC Impact aims to mobilize private capital to scale impactful solutions across the region.
Sectors
- Impact Investment
- Private Equity
Geography
- Asia – ABC Impact targets investments across Asia, tackling the region's social and environmental challenges through its impact-driven strategies.
- Singapore – ABC Impact is based in Singapore, serving as a hub for its operations and investments across Asia.
Industry
- Impact Investment – The article discusses ABC Impact's focus on impact investment, which aims to generate a measurable, beneficial social or environmental impact alongside financial returns.
- Private Equity – ABC Impact's operations are rooted in private equity, raising significant funds to invest in high-potential businesses addressing pressing issues in Asia.
Financials
- USD 600 million – The total size of ABC Impact's Fund II, which doubles its first fund.
- USD 900 million – Total assets under management for ABC Impact.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ABC Impact | Fund Manager | Company | ABC Impact is an Asia-focused impact investment firm managing over $900 million in assets. |
| Temasek | Investor | Company | A prominent Singaporean investment company participating in ABC Impact's Fund II. |
| Asian Development Bank | Investor | Company | A regional development bank that is a major investor in ABC Impact's Fund II. |
| Temasek Trust | Investor | Company | The philanthropic arm of Temasek, also an investor in ABC Impact's Fund II. |
| Mapletree Investments | Investor | Company | A Singapore-based real estate development, investment, and capital management company, investing in ABC Impact's Fund II. |
| Jackie Surtani | Regional Director and Head of Singapore Office | Person | Officials from the Asian Development Bank who commented on their investment. |
| Benoit Valentin | Head, Impact Investing, Temasek | Person | An official from Temasek commenting on the strategic importance of impact investments. |
| Tow Heng Tan | Chairman | Person | Chairman of ABC Impact discussing the strategic vision and investor trust. |
| David Heng | CEO | Person | CEO of ABC Impact detailing investment objectives and sector focus. |