Anthem Asia

Anthem Asia is a private equity firm based in Yangon, Myanmar, established in 2012. The firm specializes in providing expansion and growth capital to small and medium-sized enterprises, particularly targeting women-owned or managed businesses. Anthem Asia focuses its investments on sectors such as consumer goods and services, manufacturing, agribusiness, business and financial services, education and training, food and beverage, healthcare, logistics, and tourism. The firm typically seeks significant minority stakes, preferring investments up to $5 million, which can be structured as equity, debt, or a combination of both. In addition to capital investment, Anthem Asia offers advisory services and often seeks board representation in its portfolio companies. The firm aims to build sustainable businesses in Myanmar, contributing to the country's economic development.

Genevieve Heng

Co-Founder and Director

Josephine Price

Managing Director and Co-Founder

Peter Witton

Director

Su Sandar Zaw

Finance Director

2 past transactions

SolarHome

Series A in 2020
SolarHome Pte. Ltd. focuses on providing solar energy solutions for off-grid households in Southeast Asia. Founded in 2016 and based in Singapore, the company installs integrated solar energy systems and appliances in customers' homes. It employs a Pay-As-You-Go (PAYG) model, allowing users to make monthly payments that align with their existing energy expenses. This approach includes "rent-to-own" plans, making solar technology more accessible to lower-income households. SolarHome addresses a significant market, with approximately 27 million households in the region lacking access to electricity, and operates in countries such as the Philippines, Cambodia, Myanmar, and Indonesia. The company aims to create a positive social impact by facilitating the adoption of renewable energy in these underserved communities.

Shan Orchard Myanmar

Private Equity Round in 2019
Shan Orchard Myanmar Ltd focuses on developing and operating hass avocado orchards and related products, such as edible oils and guacamole. Its products and services include hass avocado fruits, avocado oil, agri-tourism and hospitality, hass avocado seedlings, and farm land acquisition. The company was founded in 2017 and is based in Heho, Myanmar.