In the News

ABC World Asia Established for Impact Investing

Features 19 Jun 2019

The newly established ABC World Asia is an Asia-focused private equity fund dedicated to impact investing. ABC World Asia enables Temasek Trust, the philanthropic arm of Temasek, to venture on a new pathway to sustainability.

ABC World Asia invests in companies that demonstrate commitment towards impact, exploring opportunities primarily in South Asia, Southeast Asia and China. The focus of the fund revolves around themes including financial and digital inclusion; better health and education; climate and water solutions; sustainable food and agriculture; and smart and liveable cities. The fund manager of ABC World Asia is supported by Temasek Trust, Temasek and Pavilion Capital.

Cheo Hock Kuan, CEO, Temasek Trust, said, “There is scope for impact investing to help bridge the financing gap in support of the United Nations Sustainable Development Goals, which are at the core of the 2030 Agenda for Sustainable Development. Temasek Trust seeks to play an active role in impact investments through sustainable philanthropy, beyond our usual approach of grant-making. The establishment of ABC World Asia complements this vision.”

David Heng, CEO, ABC World Asia, added, “We see compelling opportunities in impact investing across Asia. The complex social and environmental challenges in our region present the potential for investors to achieve substantial impact. With the impact investing industry still in its infancy, particularly in Asia, we are excited by the prospect of establishing impact investing as a critical lever for sustainability.”

Headquartered in Singapore, ABC World Asia’s investment strategy aligns with Temasek’s ABC Framework for an Active Economy, Beautiful Society and Clean Earth. Impact investing encompasses the intention to generate positive, measurable social or environmental impact, alongside a financial return.