Exclusive: Malaysia's Cradle Fund to start direct equity investments next year

Armed with almost two years of experience as an investor, Malaysian early-stage tech startup influencer Cradle Fund Sdn Bhd is now looking at making direct equity investments next year, a step further from its current role of a co-investor, it had taken in 2014.

The government-backed agency currently has a co-investment partnership programme where it matches the funds raised by co-investors. It has partnered with 28 co-investors till now with a cumulative investment figure that has reached $171.2 million, Cradle Fund Sdn Bhd CEO Nazrin Hassan told DEALSRTEETASIA recently.

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