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SingaporeMay 6, 2026 /PRNewswire/ — ABC Impact, a Singapore-headquartered impact investment firm focused on Asia, has released its 2025 Impact Assessment Report, available on the website www.abcimpact.com.sg. The report covers the firm’s investment and impact activities through its two funds during 2025, highlighting portfolio performance, industry developments, and the firm’s approach to value creation and impact measurement.
Key Portfolio and Impact Metrics
As of December 31, 2025, the overall portfolio stood as follows:
- Total assets under management: approximately USD 900 million
- Capital deployed in Fund I and Fund II: approximately USD 500 million across 20 investments
- Five new investments made in 2025
- 2,278,792 metric tons of carbon emissions reduced, 5,420,388 patients reached, and 7,849,842 individuals and MSMEs impacted
A Year Requiring Cautious Navigation
In the challenging year of 2025, ABC Impact deployed capital prudently—focusing on fundamentals rather than cyclical volatility “noise.” David Heng, CEO of ABC Impact, stated: “Shifts in trade patterns, the disruptive impact of artificial intelligence (AI) on the economy and labor markets, and ongoing geopolitical uncertainties made 2025 a year requiring cautious navigation. The companies we invest in are addressing structural needs in energy transition, financial access, and healthcare, which gives us confidence in their long-term resilience. Impact is not a separate consideration—it is what makes these companies sound investments.”
Goh Yew Lin, Chairman of ABC Impact, elaborated on the long-term logic behind this strategy: “Over the long term, the most sustainable investment opportunities often arise where financial returns align with social benefits. Asia is at the heart of this trend—where the need for energy transition is most urgent, the productivity potential unlocked by financial access is greatest, and healthcare innovation can reach the widest population. Companies that are truly needed by society tend to be more resilient and create more lasting impact.”
Asia: Structural Needs, Long-Term Opportunities
The 2025 report provides an updated assessment of ABC Impact’s geographic and sectoral investment priorities. Asia continues to exhibit unique structural needs, large populations, and fragmented service delivery landscapes, creating favorable conditions for private capital that can operate across markets and support companies over the long term. The report delves into how these dynamics differ across China, India, and Southeast Asia, and outlines the positioning of ABC Impact’s portfolio in healthcare, financial inclusion, and climate solutions across these regions.
Healthcare: Focus on Deepening
The 2025 report pays particular attention to ABC Impact’s healthcare investment strategy, which has expanded in scope across both Fund I and Fund II. Its portfolio spans integrated healthcare service platforms, dialysis networks, central nervous system (CNS) drug development, and health technology—reflecting ABC Impact’s deliberate effort to build investments across different stages of the care continuum.
In the Philippines, AC Health, an integrated healthcare platform covering hospitals, clinics, retail pharmacies, and pharmaceutical distribution, continues to expand its national footprint. Full-year revenue grew by 36%, driven by both the expansion of its healthcare network and increased utilization of its medical facilities and pharmaceutical businesses—as private healthcare demand in the Philippines continues to outpace the capacity of the public health system.
In India, DCDC Kidney Care operates one of the country’s largest dialysis networks, conducting over 110,000 dialysis sessions per month across more than 250 centers in 13 states. Its operating model is based on public-private partnerships with government hospitals, enabling subsidized treatment for patients covered by public insurance schemes, while also serving a broader patient base through its independent center network.
Shenji Pharmaceutical is an independent CNS drug development platform in China, with both a mature portfolio of neurological disease treatments and an active pipeline expanded through licensing. Given that approximately one in three people in China is affected by CNS disorders, the platform focuses on addressing two key challenges: treatment accessibility and continuity, where domestic pharmaceutical capabilities remain critical.
In financial inclusion, Vistaar Finance disbursed approximately INR 17 billion (about USD 190 million) in loans in 2025, managing a loan portfolio of over INR 50 billion (about USD 600 million). Vistaar Finance serves MSMEs in rural and semi-urban areas of India through a secured, branch-led lending model. About 35% of its customer base comes from rural areas—reflecting both the depth of its distribution network and the commercial viability of serving borrowers outside the mainstream formal banking system.
Value Creation and Governance
The report also outlines ABC Impact’s strategy for actively exercising minority equity stakes—covering board engagement, ESG (Environmental, Social, and Governance) and impact action planning, operational support, and capital strategy. The firm allocates a dedicated technical assistance budget from management fees to help portfolio companies strengthen their impact measurement and reporting capabilities. The governance section of the report introduces ABC Impact’s board structure, investment processes, and transparency management in disclosures to limited partners (LPs).