Temasek Raises S$385M for Impact Investing Fund, Targets Agriculture
By Florence Chong
ABC World Asia, a newly-launched Temasek fund dedicated to impact investing in Asia, has raised a total of S$385m (€255m) at its close.
A number of companies, including Mapletree Investments, Seatown Holdings, Sembcorp Industries and Pavilion Capital, joined Temasek Trust and Temasek itself to invest in the fund.
Temasek Trust launched ABC World Asia in May to focus on investing in climate and water solutions, sustainable food and agriculture, and smart and liveable cities. It will also invest in financial and digital inclusion, better health and education.
Photo courtesy of GotCredit.