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Astarte Capital Partners closes fundraise and allocates percentage of profits to Beyond Capital Fund

Africa Global Funds
March 10, 2020, 2:09 p.m.
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Astarte Capital Partners, a specialist co-investment platform focusing on the real assets space, has closed its current fundraise and is contributing a percentage of its profits to Beyond Capital’s impact investment efforts.

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Astarte Capital Partners, a specialist co-investment platform focusing on the real assets space, has closed its current fundraise and is contributing a percentage of its profits to Beyond Capital’s impact investment efforts.

“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,” said 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.”

Beyond Capital Fund is a non-profit impact investment fund that invests in companies to help improve the lives of people living below the poverty line in 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 for consumers living at the bottom of the economic pyramid.

Though the fund seeks market-rate financial returns, Beyond Capital is structured as a non-profit, which permits the organization to emphasize fidelity to its social mission alongside its financial mandate, and reinvest all returns.

“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.

“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,” said 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 in all of our partners.”

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