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SINGAPORE, 20 March 2024 – Fullerton has successfully raised US$100 million in the anchor close of its Fullerton Carbon Action Fund. This unique private equity fund captures the enormous climate market opportunity in Emerging Asia by investing in companies at the forefront of accelerating decarbonisation in the region.

The new fund provides Singaporean investors with access to government bills and SGD deposits, coupled with same-day settlement feature that simultaneously addresses the need for enhanced returns on their cash assets.

Stockbit and Fullerton have launched Grow Investments, following the announcement of their strategic partnership earlier this year. The firm will offer a range of diversified and differentiated investment solutions to help investors grow their wealth and address the current gaps in the Indonesian market.