Heaptalk, Jakarta — AC Ventures has closed its ACV Capital V L.P. (ACV Fund V) in the fifth managed fund worth US$210 million, approximately Rp3.28 trillion. This managed fund has included co-investment funds.
Several Limited Partners (LP) backed this AC Ventures Fund V, spanning the World Bank’s IFC and leading financial institutions in the United States, the Middle East, and North Asia. Around 50% of funds collected come from existing investors, and over 90% of funds are composed of institutional capital.
In its first close worth US$153 million in 2022, ACV Fund V has deployed the fund to numerous startups, spanning Indonesia’s EV producer startup MAKA Motors, agritech startup Koltiva, and others.
“Indonesia is a vibrant investment hub, thriving amidst global economic shifts. A young and growing population, rising prosperity, and a stable pro-investment government fuel our growth. On this trajectory, the archipelago is on course to be among the top ten most significant economies worldwide over the coming decade,” AC Ventures’ Founding Partner, Pandu Sjahrir, said.
Furthermore, this venture capital firm has emphasized sustainable impact alongside high financial returns. The firms have prioritized companies that deliver robust economic value and environmental and social impact. As a result, the firm claimed that its funds delivered an overall net impact ratio of +37%, as measured by the Upright Project in Finland. This rank put the firm and its portfolio above the Nasdaq Small Cap Index (NQUSS) average of +29% by a significant margin.
Responding to this new milestone, Founder and Managing Partner of AC Ventures, Adrian Li, voiced, “With the new ACV Fund V, we invest in companies with significant financial upside, but in a future where economic success and societal impact go hand in hand. Our focus on financial returns and sustainability reflects what is trending in the market. This point is a fundamental cornerstone of our long-term investment philosophy to create significant value for all stakeholders,”
AC Ventures also differentiates itself in Indonesia by giving hands-on value-creation services to boost its portfolios’ value-adding. Its value creation team plays a role in steering startups toward growth, innovation, and sustainable success.
The division offers an array of services tailored to the needs of startups. These include functional support to portfolio companies in business development and strategic partnerships, talent advisory, government relations, financial planning, and fundraising. Additionally, the team specializes in marketing, growth, PR, and ESG guidance, all further supported by a community of external expert advisors.
