People Digest: Helicap appoints Ilham Habibie; Wavemaker ropes in new partner

Photo by Duy Nguyen on Unsplash

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.

Singapore Reporter/s

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.

Singapore Reporter/s

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.