Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

C4D Partners raises $30 million to invest in small businesses in Asia



ImpactAlpha, February 5 – Dutch fund manager Capital 4 Development Partners reached $30 million in a first close for a new fund that will invest in small businesses in Asia. Dutch non-governmental organization ICCO Cooperation, which incubated and spun off C4D Partners, anchored the fund. The Dutch Good Growth Fund, FCA Investments and the Australian government’s Investing in Women also invested.

The fund, called C4D Asia Fund, will target Asia’s small business sector as a means to promoting inclusive economic growth in the region. The capital raised from the fund’s first close will back 50 small businesses in India, Indonesia and the Philippines, at least 30% of which will be women-owned and run. It will make equity and hybrid debt-equity investments.

C4D currently has a portfolio of 21 investments in Asia, including off-grid lighting company Mera Gao in India, Nepalese sustainable coffee venture Alpine Coffee, and Cambodian farmer support enterprise Nileda. It could not be immediately determined whether any of C4D’s existing Asia investments were made through the new fund.

The Dutch fund manager is hoping to raise an additional $20 million over the course of the year.

You might also like...