In August 2019, Arowana, a Certified B-Corp, established Arowana Impact Capital with the purpose of investing for generational impact. Our mission with Arowana Impact Capital is to build people, companies and value through sustainable investment practices across the Asia Pacific region. We want to use business as a force for good, delivering equal measures of impact and return.
Arowana Impact Capital’s investments align with the United Nations Sustainable Development Goals (SDGs). To achieve the SDGs, the UN estimates the gap in financing to be US$2.5 trillion per year in developing countries alone (UNCTAD, 2014). Private capital plays an important role in reducing this gap. This is where we step in.
Alongside impact investors globally, Arowana Impact Capital aims to make a meaningful contribution towards the achievement of the UN’s SDGs by 2030. Practically, this means incorporating SDGs into their fundraising and investment processes. By doing so, transparency and alignment with investors are achieved.
With deep roots across the ASEAN region, Arowana Impact Capital has unique access to the best entrepreneurs and opportunities in the market. The team is an uncommon mix of operational, financial and technological professionals with real life entrepreneurial experience and expertise in value creation.
Arowana Impact Capital invests in, operates and scales up small and medium sized enterprises. Our focus lies in the essential services sectors of education, financial inclusion, health and environment. In particular, Arowana Impact Capital has identified the Philippines as a key market. The Philippines is an investment grade country and is one of the fastest growing economies in Asia. Rising consumer demand is supported by rising real incomes and US$29b annual remittances from 10m overseas workers. It is a land of promise and opportunity but also of poverty.
Half of Filipino families are deprived of basic education, half of household-out-of-pocket payments are spent on healthcare and two-thirds of the population are without a bank account. Additionally, the Philippines is one of twenty countries deemed most vulnerable to natural disasters and climate change.
Arowana Capital Impact’s vision is impact generational change for Filipinos by democratising essential services. With an office in Manila, we have local knowledge, presence and networks to pinpoint the best areas for impact investing.
In May 2020, Arowana Impact Capital affirmed our commitment to the Philippines as a key market by entering a partnership agreement with Grameen in the Philippines, Grameen Pilipinas. The initial outcome of this agreement was the successful distribution of 500 packs of emergency relief supplies to 500 needy households in Laguna, Philippines. The beneficiaries were families pulled below the poverty line because they were unable to work or operate their SME businesses due to COVID-19 lockdowns. This emergency relief initiative was a first step in providing a hand up to these families.
With full ownership of Arowana Impact Capital, we are excited at the prospect of making a long-term difference to global sustainability in South East Asia while generating substantial returns for our investors.