Private Equity

Malaysia’s VentureTECH and Japan’s SBI Ventures launch $18M private equity fund to boost Malaysian growth-stage technology firms

The fund is designed to play a strategic role in supporting Malaysian firms in the high value-added and emerging industry market segments to scale up to their full potential and help attract additional investors to support the expansion of these companies during this economic recovery period.

Singapore Heritas Capital Fund II

Healthcare-focused PE firm Quadria Capital mulls SPAC listing in Singapore – report

Earlier reports showed Internet entrepreneur Patrick Grove, Singapore-based PE firm Novo Tellus Capital Partners, French alternative investment manager Tikehau Capital SCA are also targeting SPAC-listing on the Singapore exchange. Other interested parties include Turmeric Capital and Temasek’s Vertex Holdings Ltd.

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes global private equity fund managed by Partners Group

The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.

Singapore payments firm Spenmo secures $34M Series A led by Insight Partners

Led by Insights Partners, Spenmo has clinched one of Singapore’s largest Series A funding rounds to date.

smiling woman in white knit sweater

L Catterton-backed dental firm Zenyum plans expansion across Asia as clear aligners gain popularity

Zenyum's fundraising and expansion plans come as clear aligners are gaining popularity across Asia and Southeast Asia, trailing trends in the US and Europe. Since its founding in 2018, Zenyum said the company has grown exponentially, seeing a 4x revenue increase in 2020 alone.

Private exchanges give investors a choice on product fit, investment goals, and risk tolerance, says Willie Chang of HGX [Q&A]

With this RMO license, HGX can now fully operate as Asia’s first member-driven private exchange to support the issuance and trading of both digital and non-digital capital market products.

Creador Founder and CEO Brahmal Vasudevan

Malaysia PE firm Creador eyes tech sectors after raising $500M for first close of 5th fund

The development comes at a time when more global PE firms are looking for investment opportunities in the tech sector in Southeast Asia.

Tower Capital PE Fund I $250M close

Tower Capital PE Fund I has first close at $250M, seeks mid-market investments in Southeast Asia by Q1 2021

The fund targets to invest in companies across consumer education, healthcare, manufacturing, and business services in Southeast Asia, with focus on Singapore