Malaysian pension fund KWAP launches $107m vehicle to invest in startups, VCs

Malaysian pension fund KWAP launches $107m vehicle to invest in startups, VCs

KWAP chief investment officer Hazman Hilmi Sallahuddin speaking at the launch of Dana Perintis at the KWAP headquarters on September 21, in Kuala Lumpur, Malaysia—Photo courtesy KWAP

Malaysia’s public service retirement fund Kumpulan Wang Persaraan (KWAP) on Thursday launched a 500-million ringgit ($106.68 million) vehicle to invest in startups and venture capital funds over the next 18-24 months.

Edited by: Padma Priya

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