Private Equity

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Indonesia Impact Fund

The first private-led investment fund investing into early-stage startups to champion the SDG in the post-pandemic world | Established in 2021, Indonesia...

Indonesia Impact Fund logo

Indonesia Impact Fund

The first private-led investment fund investing into early-stage startups to champion the SDG in the post-pandemic world | Established in 2021, Indonesia Impact Fund (IIF) is the first private impact fund in Indonesia established by ABAC Indonesia, in partnership with government and third generation business leaders managed by leading Indonesian fund managers, Mandiri Capital and Mandiri Investment Management. IIF invests in startups and MSMEs to accelerate the sustainable development goals (SDGs) in Indonesia.

General information

Firm type

Private Equity

Location

Region

Asia

Country

Indonesia

City

Jakarta

Corporate office

Jakarta, Indonesia

Frequently asked questions

How does the firm define and measure impact?

Indonesia Impact Fund ties capital deployment to measurable social or environmental outcomes — such as financial inclusion metrics, agricultural yield improvements, or healthcare access expansion — defined at the point of investment and tracked through the holding period. The firm's name signals that impact is a structural mandate rather than a sidecar commitment, though its specific measurement methodology has not been published.

Does the firm invest outside of Indonesia?

No. Indonesia Impact Fund's mandate is effectively single-country. This geographic concentration distinguishes it from pan-ASEAN impact funds and reflects a thesis that Indonesia's scale, demographic tailwinds, and infrastructure gaps justify a dedicated on-the-ground strategy without diluting focus across less familiar markets.

Who runs Indonesia Impact Fund?

The firm's principals have not been publicly identified. This low-profile posture is not uncommon among Indonesian private equity firms operating with concentrated LP bases or family-linked capital, where personal networks substitute for institutional marketing.

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