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>Hafary Holdings is a long-established supplier of tiles and surfacing materials in Singapore, serving both retail and project customers.</li>
<li>The group operates a cash-generative distribution platform anchored by showrooms and project supply, while progressively expanding upstream into ceramic manufacturing to reshape its long-term margin structure.</li>
<li>Hafary has shifted from a distribution-first model toward vertical integration by commissioning ceramic manufacturing capacity in Kluang.</li>
</ul>


Hafary Holdings is a long-established supplier of tiles and surfacing materials in Singapore, serving both retail and project customers.
The group operates a cash-generative distribution platform anchored by showrooms and project supply, while progressively expanding upstream into ceramic manufacturing to reshape its long-term margin structure.
Hafary has shifted from a distribution-first model toward vertical integration by commissioning ceramic manufacturing capacity in Kluang.


Hafary Holdings Limited: Initiating Coverage