Singapore-Korea tie-up launches venture fund

Tokopedia_towerSingapore-based Golden Equator Capital has launched a venture capital fund in partnership with Korea Investment Partners. With a target size of 120 million Singaporean dollars ($88 million), the fund will aim to invest in Series A and Series B high-growth technology companies in Southeast Asia. The average investment will be between 2-5 million Singaporean dollars. “The fund will be a positive development for the bilateral relationships between Korea and Singapore as well as the venture capital investment landscape,” said Baek Yer Hun, chief executive of Korea Investment Partners. Singapore is one of several states in Asia that hopes to boost its technology sector by supporting start-up businesses. A statement by Golden Equator Capital says the fund has raised 65% of its target capital. ©2018 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.


SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.