Impact Investing

We focus on funding companies and projects with an optimised risk adjusted return that provide a market financial return alongside quantifiable social and environmental benefit.


Private Debt & Special Situations

With a focus on combining downside protection and growth potential, we aim to provide financing in situations that offer an above-market return without compromising on our social and environmental goals.


Real Estate

We focus on developments that create a large number of service jobs, revitalize communities and quality of life.

Investment Themes & Examples:

Financial InclusionImproving Livelihoods in Developing MarketsClimate FinanceSustainable Urban Development
DFA is a founding shareholder of Mandal Life Insurance, a leading Mongolian insurance platform.
DFA provided growth capital to Truck Lagbe, a technology platform optimising Bangladesh’s logistics sector with investment from the IFC (World Bank).
DFA provided venture funding to 8Elements, a technology and hardware-based energy efficiency platform, aiming to reduce energy consumption of buildings and industries.
DFA, using recycled shipping containers, developed and manages Bloq, a lifestyle food and beverage park in Ho Chi Minh, Vietnam.
DFA co-founded what is now the largest rural mobility financing platform in Myanmar.
Working with the European Bank of Reconstruction and Development (EBRD), DFA restructured and took a stake in Terra Express, a leading copper ore logistics provider in Mongolia.
DFA invested seed capital in Energy Efficiency Solutions (EES) focused on reducing the carbon intensity of the hotel industry through tech/engineering solutions.
DFA provided structured finance to Green Vision, a Myanmar developer of service apartments targeted at professionals bringing foreign investment and embassy staff.
Vietnam and Cambodia
DFA structured a growth round and had a successful exit for iCare Benefits, a platform focused on providing finance to workers in manufacturing.
DFA is a large minority shareholder in APU, the largest Mongolian FMCG company and the largest listed company on the Mongolian Stock Exchange.
Indonesia and 26 other countries
DFA invested in Koltiva - a technology-enabled service company combining quadruple-tech (agritech, fintech, edutech, and climatech) with focus on traceability, inclusiveness, and sustainability.
DFA funded a mixed use project to expand the opportunities of SME businesses through additional modern retail footprint in Ulaanbaatar with a conservation component, adding 11 ha of green space to the city.
Vana Holdings
Southeast Asia
Myanmar Reforestation Initiative:
DFA founded Vana, a nature-based solutions platform focused on community reforestation projects in Southeast Asia.