ABC Impact, which is an Asia-focused impact investment firm, announced it has successfully completed the final closing of its second fund at over $600 million, doubling the size of Fund I. This milestone enhances the firm’s commitment to addressing Asia’s critical social and environmental needs through impact-driven investments.
ABC Impact Fund II has received support from a diverse group of Limited Partners, including Temasek, Temasek Trust, the Asian Development Bank (ADB), Mapletree Investments, SeaTown Holdings, a Southeast Asian sovereign wealth fund, a U.S. family office, and ultra-high-net-worth individuals.
ABC Impact Fund II focuses on solutions in areas where traditional models have struggled to deliver results. And its investment strategy centers on four priority sectors: clean energy and climate resilience, inclusive finance and digital access, healthcare and education, and sustainable food systems.
Some of its investments to date include Aye Finance in India, which provides loans to micro and small enterprises; Tekoma Energy in Japan, a renewable energy developer specializing in solar projects; and DCDC Kidney Care, one of India’s largest dialysis networks delivering affordable treatment to underserved patients.
KEY QUOTES:
“In a rapidly changing world, we are facing increasingly complex and far-reaching social and environmental challenges. Our partnership with ABC Impact is a core pillar of Temasek’s impact investing strategy, reflecting our belief that impact investing can scale capital to address the pressing issues we are facing. By working together, we can create a more inclusive and sustainable world where every generation prospers.”
- Benoit Valentin, Head, Impact Investing, Temasek
“The impact investment landscape in the region remains nascent, with a significant funding gap for growth-stage companies. ADB’s investment in ABC Impact Fund II reflects our commitment to catalysing impact capital across Asia and the Pacific.”
“By supporting innovative businesses that tackle pressing social and environmental challenges, we aim to improve lives and livelihoods throughout the region.”
- Jackie Surtani, ADB’s Regional Director and Head of the Singapore Office
“The successful closing of Fund II underscores the trust that leading institutional investors have placed in ABC Impact’s disciplined investment strategy. By welcoming external capital from the likes of Asian Development Bank, we are deepening our commitment to shaping a more sustainable and inclusive future in Asia.”
“Our progress is made possible by the trust and collaboration of our investors and partners. Together, we are demonstrating that financial success and positive impact are not just compatible—they are mutually reinforcing.”
- Tow Heng Tan, Chairman, ABC Impact
“We believe capital, when directed with intent, can help shape pragmatic, market-led responses to the most urgent challenges facing our region. From climate resilience to inclusive finance and healthcare access, investing in these areas is both a societal imperative and a long-term business opportunity.”
“While policy can accelerate change, it is market demand, capital flows, and competitive forces that ultimately drive adoption and scale. The businesses we invest in are not waiting for external signals—they are actively shaping the future by addressing critical needs in ways that are both impactful and financially sound.”
- David Heng, CEO of ABC Impact
