Temasek Trust-backed ABC World Asia closes new $283m fund for impact investments

Temasek Trust-backed ABC World Asia closes new $283m fund for impact investments

Agricultural paddy

Singapore-based private equity fund ABC World Asia has closed its inaugural S$385 million ($282.5 million) fund to invest in companies that demonstrate a commitment to sustainable development and the generation of positive social or environmental impact.

The fund saw participation from investors including Temasek Trust, Temasek, Pavilion Capital, Mapletree Investments, Seatown Holdings, and Sembcorp Industries, according to a statement.

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