Triple P Capital
Last updated 13 July 2020, by Impactyield.
David Steel, Alexander Krefft, and Allan Pedersen came together in 2013 to launch Triple P Capital with the objective of establishing Southeast Asia’s first profit with purpose fund platform focused on financial inclusion. Financial inclusion in emerging Southeast Asia remains very low but with incomes rising and innovative technologies proliferating, there is a historic opportunity to deliver both impact and returns.
Triple P’s name reflects its philosophy:
People: Investing in the right people whether business partners, management teams or employees. Triple P is building a team of operators, with 27 years of experience in Asia. We invest in people.
Purpose: Driving financial inclusion by growing successful businesses focused on emerging consumers and the rural working poor. Perhaps uniquely, Triple P believes Purpose can drive profit.
Profit: Focusing on sub-sectors targeted by few other investors but offering outsized return potential. By demonstrating commercial returns are achievable, Triple P endeavors to catalyze greater investment in businesses reaching the two billion financially excluded worldwide.
Incorporation year: 2014
Headquarters location: Singapore
Currency for fund / product figures: USD (US Dollar)
Total firm assets under management: 51 USD
Membership and other professional affiliations: United Nations Principles for Responsible Investment (UNPRI)
Years top investment professionals have worked together: 4