Newton Hexon Capital, PMB Investment to launch Newton Hexon Asia Growth Fund, driving green business development in AsiaKey sectors include renewable energy, waste-to-energy, hydrogen, EVs, etcNewton Hexon Capital, a leading investment firm, and PMB Investment Berhad, an Islamic Fund Management Company under Pelaburan MARA Berhad, have announced the launch of the Newton Hexon Asia Growth Fund.
Mohd Idzwan Izuddin Ab Rahman, chairman of PMB Investment, expressed his enthusiasm for this initiative, saying,"PMB Investment serves as the investment manager for this private fund in Malaysia, leveraging our licensed status. This partnership marks a significant milestone as we expand our commitment to sustainable investments.
Meanwhile, Roy Fung, managing partner of Newton Hexon Capital, commented,"We are honoured to mark this defining moment in our journey together with PMB Investment on this forward-thinking fund. The Newton Hexon Asia Growth Fund will serve as a platform for businesses actively transforming Asia’s green landscape, providing both financial returns and lasting, positive ESG impacts.
The Newton Hexon Asia Growth Fund offers clients, partners, investors, and governments an opportunity to engage in the region's swift transition towards sustainability. Focusing on key sectors such as renewable energy, energy efficiency, waste-to-energy, hydrogen generation, electric vehicles and related technologies, and urban farming, the fund aims to support businesses leading in environmentally sustainable solutions.
To underscore its commitment to sustainability, the fund may seek certification from additional international and local bodies as required. Ongoing portfolio management will ensure all investments continue to meet or exceed global ESG standards.
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