Invest for a Sustainable Future, Impact Capital Asset Management

ICAM

Established in August 2020, Impact Capital Asset Management Pte. Ltd. (ICAM) was conceived by seasoned professionals Deepak Mawandia and Atul Tetambe. Both have accumulated a wealth of knowledge and experience from their extensive tenures in the financial sector. In 2019, ICAM secured its RFMC license and subsequently introduced a technology-centric venture fund. By 2021, with the acquisition of its CMS license, ICAM witnessed steady growth in its assets under management.

Presently, ICAM manages a portfolio exceeding USD 1 billion, diversified across various countries. Central to ICAM’s foundation is a commitment to offering a platform singularly dedicated to the best interests of its investor clients. The combined expertise of Deepak and Atul firmly establishes ICAM as a notable entity in the wealth management field.

Invest for a Sustainable Future

Impact Capital Asset Management

Established in August 2020, Impact Capital Asset Management Pte. Ltd. (ICAM) was conceived by seasoned professionals Deepak Mawandia and Atul Tetambe. Both have accumulated a wealth of knowledge and experience from their extensive tenures in the financial sector. In 2019, ICAM secured its RFMC license and subsequently introduced a technology-centric venture fund. By 2021, with the acquisition of its CMS license, ICAM witnessed steady growth in its assets under management. Presently, ICAM manages a portfolio exceeding USD 1 billion, diversified across various countries. Central to ICAM’s foundation is a commitment to offering a platform singularly dedicated to the best interests of its investor clients. The combined expertise of Deepak and Atul firmly establishes ICAM as a notable entity in the wealth management field.

Equity Bottom-Up

<ul><li>Coliwoo’s real test is whether a mixed owned, leased, and managed accommodation platform can convert strong occupancy and visible room growth into cleaner owner earnings after capital intensity, lease burden, and accounting noise are stripped out.</li><li>Coliwoo had 25 properties and 2,933 rooms on 30 September 2025, split across 11 owned, 10 leased, and 4 managed properties, with 350 rooms leased to third-party operators and 714 rooms under renovation and not yet operational.</li><li>The company aims to expand towards close to 4,000 rooms by end-2026. That gives the business real scale. </li></ul>

Coliwoo’s real test is whether a mixed owned, leased, and managed accommodation platform can convert strong occupancy and visible room growth into cleaner owner earnings after capital intensity, lease burden, and accounting noise are stripped out.Coliwoo had 25 properties and 2,933 rooms on 30 September 2025, split across 11 owned, 10 leased, and 4 managed properties, with 350 rooms leased to third-party operators and 714 rooms under renovation and not yet operational.The company aims to expand towards close to 4,000 rooms by end-2026. That gives the business real scale. 

Coliwoo Holdings Limited Initiating Coverage