By Kristie Neo
UL Ventures targets investments in digital manufacturing, autonomous systems, smart cities, digital health and cyber security.
Alizakri Alias is set to assume the top position on August 20.
Polaris Capital Group-backed Altair Capital, which recently hit the first close for its $150 million maiden ASEAN fund, remains confident that the lower-end mid-market presents significant opportunities, with very few firms being active in this space.
“The whole thesis for PE has changed. It used to be that private equity is cheaper than public markets, therefore, there is an arbitrage opportunity. This is no longer really the primary thesis anymore – it is no longer about access to capital, and it is more about having to be patient, and having the ability to hold out for a long period of time,” Tsai said.
Chhor outlines why he’s optimistic about SEA startups & his plans for B2B tech companies.
The startup is the first publicly announced portfolio company of EV Growth, a new fund established by East Ventures, Sinar Mas Digital Ventures and Yahoo Japan’s YJ Capital.
Arora said the Asian market is suited to foster the adoption of certain technologies and services due to its ability to provide a critical mass of users very quickly and this thesis led to Allianz recently acquiring a stake in Indonesian ride-hailing major Go-Jek.
Governments and regulators have a pivotal role to play in shaping the real estate investment market in Southeast Asia, according to David Green-Morgan, Managing Director, Asia Pacific, Real Capital Analytics.
UangTeman’s new CTOO and former Silicon Valley professional Sukan Makmuri has previously held executive positions in O2O startup Kudo and online portal Kaskus.
Simmons & Simmons JWS partners Long Jek-Aun and Damian Adams shed light on trends related to M&A activity, LP-GP dynamics, private equity’s tilt towards technology investments and the exit scenario for investors in Southeast Asia.