ABC Impact, an Asia-focused impact investment firm headquartered in Singapore, has completed the final closing of its second fund at more than $600 million, doubling the size of Fund I.
The fund, ABC Impact Fund II, attracted a diverse investor base, which includes Temasek, Temasek Trust, the Asian Development Bank, Mapletree Investments, SeaTown Holdings, a Southeast Asia sovereign wealth fund, a U.S. family office and ultra-high-net-worth individuals.
ABC Impact said this convergence of development finance and private capital reflects a growing recognition that impact investing can address systemic issues through market-based approaches. The fundraise deepens the firm’s commitment to addressing Asia’s critical social and environmental needs through impact-driven investments.
“The successful closing of Fund II underscores the trust that leading institutional investors have placed in ABC Impact’s disciplined investment strategy,” said Tow Heng Tan, cha
