Bamboo Capital Partners and CARE Enterprises (“CEI”) join forces to tackle poverty in South and Southeast Asia. CEI, a for-profit subsidiary of CARE USA, a leading non-profit organization that works around the globe to save lives, defeat poverty and achieve social justice, and Bamboo, the pioneering private equity firm delivering positive social and financial value, launched the partnership at the Asian Venture Philanthropy Network Annual Conference in Singapore.
CEI and Bamboo have joined forces to improve the situation in a region where half of all residents live below the international poverty line. Despite this, there has been a lack of regional capital devoted to social investment. Enterprises in South and Southeast Asia typically fall into the global investment gap, being too large for grant funding and too small for traditional capital, and many face scaling issues as a result of inappropriate investment structures.
The strategic partnership will focus heavily on impact and begin by investing in early stage companies that benefit the most marginalised communities in Vietnam, Indonesia, and Bangladesh with a goal to expand globally in the future. The tie-up will offer a range of flexible investment structures along the debt to equity spectrum, designed and tailored to accommodate different business models.