Fund News
Bayer Foundation anchors AWE’s social impact fund
Bayer Foundation has anchored the setting up of the AWE Evergreen Philanthropic Fund (EPF). The funding will be deployed through an evergreen pooling vehicle created by AWE Foundation, a US-based non-profit organisation, to provide long-term catalytic capital for social impact investments primarily in India. The fund is led by Seema Chaturvedi, Chair, AWE Foundation and Managing Partner at AWE Funds.The EPF is designed to address the "missing middle" financing gap for impact-focused enterprises. It aims to improve the health outcomes of 1 million lives, promote gender equity by helping 1.5 million women gain agency, and improve the livelihoods of 0.5 million rural and small-town populations, including farmers.
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