US firm Capria invests in Singapore venture debt outfit Genesis

US-based Capria makes first investment in S-E Asia through Genesis Alternative Ventures Fund 1

Angela Tan

Published Wed, Jun 10, 2020 · 09:50 PM

Singapore

US-based global impact investment firm Capria Ventures has invested in Genesis Alternative Ventures Fund 1, a Singapore-based private venture debt fund, as a springboard into South-east Asia (SEA).

This is Capria's first investment in in the region, where it sees plenty of opportunities to make an impact on societies through its investments.

Capria specialises in investing in private funds and companies in under-invested emerging markets. Companies with meaningful impact objectives that are on its radar include those in financial services, healthcare, education, food production and logistics as they scale across S-E Asia.

"The idea of investing for superior financial returns coupled with sustainable impact is catching on in SEA and Capria is proud to partner with Genesis to further this wave," said David Richards, Capria's Seattle-based co-founde…