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Singapore-based Heritas Capital launches $50m impact fund

Company looking to finance 'social enterprises' in Asia

Heritas Capital has backed companies in the health care, food and education sectors across Asia. (Source photo from Heritas Capital website)

HANOI -- Singapore-based private equity company Heritas Capital has launched a $50 million impact fund, seeking to back 10 to 15 innovative and high-growth social enterprises across Asia.

The fund -- Asia Impact First Fund (AIFF) -- will look for social businesses "with a clear and demonstrated social and/or environmental impact, and viable business growth plans," Heritas Capital said in a statement.

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