Astarte Capital Partners Closes Fundraise; Allocates Percentage of Profits to Beyond Capital
Astarte Capital Partners recently closed the fundraise for Astarte Special Opportunities Platform (ASOP) and is contributing a percentage of its profits to Beyond Capital’s impact investment efforts. Beyond Capital is an impact investment fund that invests in companies to help improve the lives of people living below the poverty line in East Africa and India.
“When we launched Beyond Capital 11 years ago, we envisioned this exact arrangement with an aligned stakeholder,” said Eva Yazhari, Co-Founder and CEO of Beyond Capital. “Astarte Capital Partners is that most ideal collaborator — an institutional donor that believes in and extends our partnership beyond established parameters and exceeds expectations in new and exciting ways.”
Astarte Capital Partners’ business model is to provide institutional capital access to non-traditional real asset strategies. Its collaboration with an impact investment fund such as Beyond Capital is a strategic and meaningful way for the organization to incorporate social enterprises into its investment portfolio.
“Allocating part of the profits of our latest fundraise to benefit Beyond Capital was an effort our entire organization supported from the very beginning of our partnership,” stated Astarte Capital Partners Managing Partner Dr. Stavros Siokos. “We believe that this is an innovative way to support a great team that is making a difference in so many lives where it is needed most.”
“What Astarte Capital Partners is accomplishing in the co-investment space is truly remarkable and aligns perfectly with the values that Beyond Capital was founded upon,” commented Yazhari. “The organization’s experienced and diverse team includes a female Co-Founder, Teresa Farmaki, who exemplifies the importance of female leadership that our impact investment fund looks to foster and further in all of our partners.”
ABOUT BEYOND CAPITAL
Beyond Capital is an impact investment fund that invests in for-profit social enterprises throughout East Africa and India. The fund invests in businesses that are focused on greater access to health care, water, sanitation, and energy, as well as food security and financial inclusion, which can increase the quality of life and standard of living for consumers living at the bottom of the economic pyramid. Though the fund seeks market-rate financial returns, Beyond Capital is structured as a nonprofit, which permits the organization to emphasize fidelity to its social mission alongside its financial mandate.
For Beyond Capital:
For Astarte Capital Partners: