News

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: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

INTERVIEW: Giving peace a chance

Jan 11, 2019

As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

Roundtables

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.

HONG KONG ROUNDTABLE: A sunny picture

Jan 11, 2019

Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.