Impact fund promotes female leadership
What is being promoted as the first impact fund to promote female leadership in the Asia Pacific has been launched by Hong Kong-based DFL Fund Management Limited.
The Delphinium Female Leadership Fund I. LP is an exempted limited partnership fund advised by Delphinium Capital Partners Limited and announced its successful first close late last year after raising US$16 million in new capital.
The fund said it had secured commitments from several family offices and successful entrepreneurs and that potential commitments were under negotiation with institutional investors and foundations seeking to make impact investments into female-led companies operating in Asia Pacific.
DFL Fund Management Limited executive director, Vivian Yan said the firm was excited with the opportunity to nurture and showcase successful female business leaders and their businesses.
The fund is an unlisted investment vehicle seeking to provide growth capital to mid-sized companies operating in the Asia Pacific with strong female participation at the C-level.
Recommended for you
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
Following yesterday’s news about First Sentier Investors closing four investment teams, a second global asset manager has announced it is closing its only dedicated Australian fund.