Heritas Capital presents its impact report for 2022

Heritas Capital presents its impact report for 2022

Following our inaugural 2021 Impact Report launched last year, we are pleased to now present our 2022 Impact Report, titled “Bad Times make Good Works: Impact-first Investing for Wellbeing and Sustainability”.

Against a backdrop of significant macro-economic and geopolitical challenges, Heritas’ investments portfolio continued to deliver resilient business and impact performance, as highlighted in this report. As a well-known saying goes, “hard times create strong men”, we have featured some of our portfolio founders (Holmusk, Cakap and Alchemy Foodtech) to share their journey of grit and perseverance in advancing solutions for holistic well-being and sustainability despite tough market conditions throughout 2022.

Another key highlight is the launch of Heritas’ Asia Impact First Fund (AIFF), to support high-growth Social Enterprises (SEs) in scaling their business and impact by providing patient catalytic capital. AIFF seeks to address the severe funding gap that SEs face, with focus on two impact themes – “Improving Lives and Livelihoods”, and “Protecting the Environment”. With target fund size of US$50 million, we expect a first close of at least US$20 million in 2023. We welcome interest from institutional and accredited investors to join our impact investing journey together, to enhance well being and sustainability across generations, especially in current challenging times.

We are thankful for the support of our investors and look forward to collaborating with more like-minded impact investors, founders and stakeholders to achieve sustainable commercial success as well as impact creation across Heritas’ platform comprising impact venture, impact growth, and impact-first funds!

Download our report here: Heritas Capital Annual Impact Report FY2022