〜Driving Systemic Solutions to Societal Challenges through Impact Investing while Fostering and Cultivating Talent〜
MINATO-KU, TOKYO 1st August 2023 – Japan Social Innovation and Investment Foundation (SIIF) today announced the launch of SIIF Impact Capital, Inc. (SIIFIC) and the first close of its inaugural SIIFIC Wellness Fund in pursuit of systemic change in wellness challenges and talent development in impact investing.
The global and domestic impact investing balances have been confirmed to exceed 1.164 trillion USD and 5 trillion JPY, respectively, with an increasing trend each year. However, global impact investing pioneers are now emphasizing the need for transformative investments that address the very structure leading to environment and social challenges, and domestically, there remains a pressing need for talent development in Impact Measurement and Management (IMM), one of the four core elements of impact investing.
In light of this, SIIF has harnessed its accumulated expertise to launch SIIFIC, aiming to practice impact investing and IMM in the Wellness sector, targeting systemic change, sharing real-life case studies, insights, and fostering talent for the betterment of society. SIIFIC Wellness Fund is managed by SIIFIC Limited Liability Partnership (SIIFIC LLP), a partnership between SIIF, SIIFIC and Kazuhiro Umeda, and has successfully completed its first closing. Moving forward, SIIFIC LLP will commence its investment activities while continuing fundraising efforts, aiming for a final close by the end of 2024.
The super goal of SIIFIC Wellness Fund is Wellness Equity, a society where each and every one can pursue wellness. To catalyze systemic change in the Wellness sector, the Fund has identified two pivotal leverage points: enhancing Wellness Literacy and fostering robust Social Capital, forming the bedrock of its investment strategy. Moreover, the fund aspires to implement internationally recognized IMM standards and actively engage in global discussions regarding the ongoing development of IMM practices. In its quest for systemic change, the Fund is dedicated to investing in and nurturing startups within the Wellness sector, while proactively disseminating the invaluable insights in impact investing through transparent and impactful communication as well as embracing external talent.
About SIIFIC Wellness Fund
SIIFIC Wellness Fund is managed by SIIFIC Limited Liability Partnership (SIFFIC LLP), a partnership of between SIIF, SIIFIC and Kazuhiro Umeda. The Fund was launched in June 2023 securing commitments from Japan Post Insurance Co., Ltd., Teikoku Seiyaku Co., Ltd., Keio University, SIIF and others. The Fund will invest in innovative seed/early and pre-IPO stage wellness impact start-ups aiming to deliver positive and quantifiable social and environmental impact alongside compelling financial returns.
About SIIF Impact Capital., Inc.
SIIF Impact Capital, Inc. (SIIFIC) is a Tokyo-based impact venture capital established in September 2022 led by Kazuhiro Umeda and Reiri Miura, committed to driving systemic change in Wellness sector. SIIFIC aims to foster sustainable development through strategic impact investing and the implementation of IMM practices.
About Japan Social Innovation and Investment Foundation