Singapore-based Heritas Capital launches $50m impact fund

Singapore-based Heritas Capital launches $50m impact fund

Singapore-based private equity firm Heritas Capital has launched a $50-million impact fund, seeking to back 10-15 innovative and high-growth social enterprises across Asia.

The vehicle, Asia Impact First Fund (AIFF), will look for social businesses “with a clear and demonstrated social and/or environmental impact, and viable business growth plans”, Heritas Capital said in a statement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter