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ABC Impact, a division of Temasek Trust Asset Management, announces first close of Fund II with over US$550 mil AUM

Jovi Ho
Jovi Ho • 2 min read
ABC Impact, a division of Temasek Trust Asset Management, announces first close of Fund II with over US$550 mil AUM
The firm's inaugural US$300 million fund has been invested into 11 portfolio companies and is nearing full deployment. Photo: ABC Impact
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Singapore-based impact private equity fund ABC Impact has announced the first close of its second impact fund, ABC Impact Fund II. 

According to ABC Impact, a division of Temasek Trust Asset Management, the fund’s assets under management now exceeds US$550 million ($739.73 million), with the final close expected in 2024. 

Launched in August 2023, ABC Impact Fund II has garnered support from new investors, including an undisclosed Southeast Asian sovereign wealth fund, says ABC Impact in a Jan 17 announcement.

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