Impact Investment Exchange (Asia)

Impact Investment Exchange (Asia)

IIX bridges the gap between finance and development, carving out a third space for global social and environmental solution. As a leading pioneer of impact investing in Asia, we build pathways to connect the Wall Streets of the world with the backstreets of underserved communities.

At a Glance

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Members 0
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Organization Type

  • Social Impact

Contact

1 King George’s Avenue,
#05-00 Rehau Building, Singapore 208557

T : (+65) 6221 7051
E : info@asiaiix.com

Organization Mission

Throughout her life, Professor Durreen Shahnaz experienced the unbearable gap between the worlds of finance and development. Durreen grew up in Bangladesh and the Philippines, and started her career as the first Bangladeshi woman investment banker on Wall Street. She knew the power of businesses and finance. With a desire to use finance for a better world, Durreen made a dive into working with the most underserved of micro-businesses with Grameen Bank. There, she witnessed the struggles of borrowers due to lack of access to markets, which motivated her to create OneNest, a global e-commerce company for local artisanal products, to empower micro-entrepreneurs with access to the global market.

During this time, Durreen experienced the difficulty of raising capital for a mission-driven business to scale. This experience would later inspire her.
While teaching Social Innovation and Entrepreneurship at the Lee Kuan Yew School of Public Policy in Singapore, Durreen wrote about the need for investment to fuel businesses that were uplifting communities and leading to sustainable development. Her writings led her to meeting with the Rockefeller Foundation – a key influencer in the impact investing space, and the inspiration and foundational support for Durreen to take on a leadership role for impact investing in Asia.

At the height of the global financial crisis in 2009, as the world reflected on the true role of financial markets meant for human well-being, Durreen decided to launch herself into the unknown third space for global solutions. In setting up IIX, Durreen conceptualized the world’s first social stock exchange, that would support businesses providing development solutions to scale successfully, and move impact investing from the margins to the mainstream of finance.

Since its founding, IIX has fostered the growth of the impact investing ecosystem in Asia, laying pipelines to connect the dots together with investors, entrepreneurs and innovators. IIX has mobilized more than $13 million worth of capital for development, generating $20 million in social value, and empowering over 10 million lives. Working to bring in new players for the space to thrive, IIX has empowered stakeholders in the public, private and non-profit sectors through rigorous advice and research, and continues to do so with thought leadership and knowledge management.

A year after IIX’s founding, its sister entity Shujog was set-up. Shujog empowers marginalized people and protects the planet by scaling the positive impact of social innovators, through fostering growth, maturity and market readiness of Impact Enterprises and other social innovators.

By the end of 2016, the IIX Women’s Livelihood Bond – a $20 million bond created to benefit half a million women in Southeast Asia – will be the first financial instrument to be floated on IIX’s Impact Exchange – the world’s first social stock exchange.

IIX’s footprint now extends from Afghanistan to the Philippines, and continues to grow through its catalytic role in empowering disadvantaged communities with much-needed social and financial mobility, promoting growth and prosperity for all.

Area of Focus

Advisory Services
IIX offers comprehensive advisory services to impact investors, corporations, foundations, international organizations and governments. We help to identify impact investment opportunities for sustainable development solutions, conduct due diligence, and manage transaction execution. Using proprietary data, local industry analytics and innovative financial structuring, IIX is able to add tremendous value as consultants and execution partners.

Deals for Social Good
IIX is home to Asia’s first and largest private placement platform for equity funding open to accredited investors –Impact Partners. We connect accredited investors to high potential Impact Enterprises seeking growth capital. IIX’s Impact Partners showcases carefully screened high impact investment opportunities across multiple sectors and countries, with varying investment structures.

Innovative Finance
Empowering 500,000 women across Southeast Asia through innovative finance, the Women’s Livelihood Bond is the first security to be listed on IIX’s Impact Exchange – the world’s first Social Stock Exchange. The Women’s Livelihood Bond is a first of its kind – a debt security for impact enterprises and microfinance institutions to grow their business and scale social impact.

Accelerating Growth
IIX’s Impact Accelerator targets early-stage Impact Enterprises with high potential for scaling their business and social impact. IIX has successfully designed and conducted accelerator programs in South and Southeast Asia, including Sri Lanka, Malaysia, and Singapore. Most recently, we concluded an IIX Impact Accelerator in Philippines, where four outstanding impact enterprises received funding and assistance for growth.

Stock Exchange for Social Impact
Impact Exchange is the world’s first public trading platform dedicated to connecting Impact Enterprises with mission-aligned investment. Impact Exchange provides a unique opportunity for Impact Enterprises to deepen their impact by raising capital while offering investors the opportunity to invest in and trade securities that reflect their values.

Equity Fund for Positive Impact
IIX Growth Fund delivers social and environmental impact at scale whilst offering financial returns broadly on par with private early stage funds. IGF makes direct equity investments in innovative Impact Enterprises throughout South and Southeast Asia with a focus on underserved markets.

Broadening Knowlesge Base
IIX Impact Academy is the first stop to understanding how every individual and organization can contribute to creating sustainable, positive social change through impact investing. We provide customized training courses for corporates, non-profits, foundations and other industry professionals seeking to explore the impact investing ecosystem and how they can be a part of it.

Broadening Knowledge Base
IIX Impact Institute is a semester-long program designed for working professionals looking to play a catalytic role in the Impact Investing movement. This impact investing course is designed for people from a variety of backgrounds: professionals from banks, international development organizations, foundations, governments, and non-governmental organizations from around the world.

Research and Impact Investment
Shujog is IIX sister organization that empowers marginalized people and protects the planet by scaling the positive impact of social innovators. Shujog’s Impact Assessment helps measure, monitor and magnify your impact. Our independent research focuses on opportunities for positive impact and informs the thinking of policy-makers, foundations, investors, corporations, and other impact creators.