Singapore-based fintech platform Helicap has roped in Ilham Habibie, son of late Indonesian President B.J. Habibie, as an advisor. In a separate development, VC firm Wavemaker Partners has appointed Gavin Lee as its partner.
Helicap ropes in Ilham Habibie as special advisor
Singapore-based fintech platform Helicap has appointed Ilham Akbar Habibie as a special advisor and investor to the firm’s Board of Directors (BOD), the company announced on Thursday.
Ilham, the son of late Indonesia’s former President B.J Habibie, is an aviation expert and currently serves as Indonesia’s oldest shariah-compliant lender Bank Muamalat chairman.
Ilham would be advising Helicap’s BOD on the Indonesian market, which is also a key area of focus for the firm’s business. He will give insights on strategic and operational matters, including guidance on expansion initiative and business development.
VC firm Wavemaker Partners appoints new partner
Early-stage venture capital firm Wavemaker Partners, headquartered in Singapore and Los Angeles, announced on Wednesday that it has appointed Gavin Lee as its partner.
Lee has earlier had stints at Matrix Partners China and Singapore government venture firm SGInnovate (earlier known as Infocomm Investments).
He had joined Wavemaker in June 2015.
He has led and participated in more than 100 investments – he has actively supported several Wavemaker Partners’ portfolio companies including Shield and eFishery.
In Southeast Asia, Wavemaker focuses on enterprise and deep technology companies. It has invested in more than 80 companies in the region with 80 per cent being in enterprise and more than 20 per cent being in deep tech.