An investment fund established by the Department of Foreign Affairs and Trade has encouraged some big family offices, including Andrew and Nicola Forrest’s Tattarang, to invest in a fund that will back female entrepreneurs in South-East Asia.
DFAT’s Emerging Markets Impact Investment Fund (EMIIF) has invested $5.6 million into the Southeast Asian Women’s Economic Empowerment Fund (Sweef), which is based in Singapore.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au