CMS Opus Private Equity rebrands as COPE Private Equity

By Team DealStreetAsia

January 15, 2018

Malaysia-headquarted CMS Opus Private Equity Monday said it had rebranded to COPE Private Equity, and added that as it prepares for ‘next chapter of growth’, the name change would represent a ‘fresh identity and perspective’.

Established in 2005, COPE Private Equity said it has assets under management (AuM) of over MYR500 million, and has invested in Malaysian companies across several sectors including  oil & gas, consumer products and food & beverage. It also claims to be among the few Shariah compliant private equity funds manager in the region.

Its last announced deal was in April 2017, when it made a $4.5 million (MYR 20 million) investment in Malaysia’s largest school uniform maker My-Sutera. During the same month, the firm also exited its effective equity stake of approximately 45 per cent in logistics forwarding and shipping service provider, Delta Express. Its investments in Delta, which is a subsidiary of Swift Haulage Sdn Bhd, were via redeemable convertible preference shares.

In March last year, COPE had exited 29.37 per cent equity stake in Damini Corporation via redeemable convertible preference shares. It had invested in Damini, a supplier and distributor of water meters and metering solutions, in 2015.

Early last year, its portfolio company – engineering solutions provider Serba Dinamik –  had raised over $130 millionon Wednesday when it listed on the Malaysian stock exchange.

 

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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
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