Meloy Fund closes Indonesia, PH-focused impact investment vehicle at $22m

Meloy Fund closes Indonesia, PH-focused impact investment vehicle at $22m

Photo from The Meloy Fund's website

US-based impact investment fund The Meloy Fund has announced the final close of its debut fund at over $22 million, with Dutch development bank FMO committing $5 million, to support sustainable coastal fisheries in Indonesia and the Philippines.

In a statement, the fund, which is a wholly-owned subsidiary of global conservation organization Rare, said it received commitment from a diverse group of family offices, investment managers, and foundations for The Meloy Fund I LP.

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