ABC Impact is a Singapore-based, Pan-Asia impact investment firm and a member of Temasek Trust Asset Management. Backed by Temasek Trust, Temasek, the Asian Development Bank (ADB) and other leading institutional investors, the firm invests in impact-driven companies across Asia with the aim of generating measurable social and environmental outcomes alongside risk-adjusted financial returns. It manages over USD 900 million in assets.
The firm's second fund, ABC Impact Fund II, closed in April 2025 at over USD 600 million, doubling the size of Fund I, which ran from 2019 to 2024. Fund II drew a diverse group of limited partners, including Temasek, Temasek Trust, the ADB, Mapletree Investments, SeaTown Holdings, a Southeast Asia sovereign wealth fund, a U.S. family office and several ultra-high-net-worth individuals. The firm is led by Chairman Tow Heng Tan and Chief Executive Officer David Heng.
ABC Impact follows a disciplined, thematic investment strategy across four priority sectors: clean energy and climate resilience, inclusive finance and digital access, healthcare and education, and sustainable food systems. It is a signatory to the Principles for Responsible Investment and the Operating Principles for Impact Management, applying a rigorous, evidence-based impact measurement and management framework to every investment.
Its portfolio reflects that thesis across the region. The firm names Aye Finance in India, which provides loans to micro and small enterprises; Tekoma Energy in Japan, a renewable energy developer specialising in solar projects; and DCDC Kidney Care, one of India's largest dialysis networks delivering affordable treatment to underserved patients. It also backed French biotechnology company Innovafeed in its US$250 million Series D round alongside global agribusiness leaders ADM and Cargill, Temasek and Creadev — capital that funds production capacity, R&D and expansion into Southeast Asia. Its headline recent deal is a roughly 16 per cent minority stake in AC Health, the Ayala Group's integrated healthcare business in the Philippines, marking its first direct entry into Philippine healthcare and supporting AC Health's push across hospitals, multi-specialty clinics and retail pharmacies.
For founders, the practical points are straightforward: ABC Impact is a private-equity impact fund, not an accelerator, and it backs commercially viable businesses that can demonstrate credible, measurable impact in its four focus sectors. Queries go to [email protected], and the firm's official site at abcimpact.com.sg carries its media releases and investment details.
Why it matters for founders
If you are building a climate, healthcare, education, financial-inclusion or sustainable-food business in Asia with real unit economics and measurable social or environmental outcomes, ABC Impact is one of the region's best-capitalised impact investors — over USD 900 million in assets and a Fund II above USD 600 million mean it can write serious growth cheques. Come with your impact metrics as sharp as your financials: as a signatory to global impact standards, the firm underwrites impact with the same rigour as returns, and Temasek and ADB backing adds institutional credibility to your cap table.