Singapore-based Monk’s Hill Ventures (MHV) has expanded its Southeast Asia leadership team with the promotion of Michele Daoud and Justin Nguyen as partners, according to a press release.
Michele Daoud, formerly a principal at the firm, has supported investments in startups including Ninja Van, C88, Finaxar, ELSA, Dana Cita, Bot MD and Padlet. Daoud, who is based in Singapore, also becomes Monk’s Hill Ventures’ first female partner.
In addition to supporting portfolio companies, she also works with sourcing and structuring investments for MHV.
Meanwhile, Justin Nguyen, who is based out of Vietnam, has led MHV’s investments in OhmniLabs and Jio Health. Bringing more than two decades of leadership and entrepreneurial experience in China and the US, Nguyen joined the VC firm in 2016.
“Michele and Justin bring unparalleled operating experience in the tech and venture capital as former entrepreneurs and operators themselves. They join us as Partners during a transformative time in Southeast Asia tech where we are seeing a boom of inspiring entrepreneurs who are tackling real problems and transforming millions of lives,” said Kuo-Yi Lim, MHV’s co-founder and managing partner.
“They bring in-depth experience to the Southeast Asia tech industry and have a strong track record in working with entrepreneurs to scale their businesses. Their appointments will bolster our vision in building the next generation of Southeast Asia global companies,” said Peng T. Ong, co-founder and managing partner of MHV, on the appointments.
In February 2018, Monk’s Hill appointed Mohd Ridzwan, a former executive of Malaysia’s strategic investment fund Khazanah Nasional, as a partner.