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Impact investing via private equity (Amended)

Credit Suisse partners UOB Venture to launch vehicle for private clients.

Singapore

CREDIT Suisse has partnered UOB Venture Management to jointly launch a private equity vehicle that invests in social or impact enterprises.

The fund, called the Asian Impact Investment Vehicle, is marketed exclusively to Credit Suisse clients, and taps clients' appetite for investments that wield a social and environmental good as they generate returns.

Bernard Fung, Credit Suisse's head of family office services and philanthropy advisory (Asia Pacific), says that there need not be a trade-off between financial and social return. The key is to select companies whose mission of doing good is integral to their business models.

"The way we look at impact investing is quite specific. We define...

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