# Anthem Asia

Anthem Asia is a Private Equity based in Yangon, Myanmar.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Yangon, Myanmar
- **Region:** Asia
- **Address:** Yangon, Myanmar
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** anthemasia.com
- **LinkedIn:** https://www.linkedin.com/company/anthem-asia

## Regulatory record

- **Reports private funds:** No

## About

Anthem Asia is an independent, women-led investment holding group supporting sustainable businesses in Southeast Asia's most challenging emerging economy. The firm invests in small- and medium-sized enterprises (SMEs) in Myanmar with the potential to grow to scale and deliver commercial returns while creating jobs, improving skills and encouraging world-class ESG practices.

## People

- Josephine Price — Managing Director & Co-Founder
- Genevieve Heng — Director & Co-Founder

## Questions

### What was Anthem Asia's investment strategy in Myanmar?

Anthem Asia pursued a growth-equity strategy, providing expansion capital to private companies in Myanmar. The firm invested across sectors including telecommunications, financial services, and logistics. It focused on businesses positioned to benefit from Myanmar's post-sanctions consumer growth and infrastructure development.

### How did the 2021 Myanmar coup affect Anthem Asia's operations?

The 2021 military coup in Myanmar led to widespread sanctions and a near-total freeze on foreign institutional investment in the country. Most international limited partners suspended capital commitments. Firms like Anthem Asia, operating exclusively in Myanmar, faced an existential operational challenge as the political environment reversed the liberalization that had made frontier-market private equity viable there.

### Is Anthem Asia still actively deploying capital?

Current deployment status is not publicly verifiable. The 2021 coup and subsequent international sanctions made ongoing private equity operations in Myanmar extremely difficult. Most foreign firms with Myanmar-dedicated funds have effectively halted new investments or sought to manage legacy portfolios from outside the country.

## Related profiles

- [Anthelion Capital](https://altss.com/profile/anthelion-capital)
- [Anthem Venture Partners](https://altss.com/profile/anthem-venture-partners)

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Updated: 2026-08-11T15:06:04.815Z

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