MY: Malaysia VC,PE association joins Asean Venture Council

The flags of Association of Southeast Asia Nations (ASEAN) member states. Credit:Wikimedia Commons

Malaysia Venture Capital and Private Equity Association (MVCA) has become a part of a larger regional network, the ASEAN Venture Council (AVC), a move that is set to boost networking between Limited Partners, General Partners and entrepreneurs across the region.

The agreement to include MVCA into AVC was signed between MVCA Chairman Shahril Anwar Mohd Yunos and AVC representative Dr Jeffrey Chi at the ASEAN Venture Summit in Kuala Lumpur on Tuesday.

Malaysia’s participation comes at a time when regional venture investments more than doubled from $1.3 billion in 2015 to more than $3 billion in 2016.

The Council, originally initiated by the Singapore Venture Capital & Private Equity Association, now consists of four participating organisations – Singapore, Indonesia, Thailand and Malaysia.

The AVC’s mission is to allow its parent associations, who broadly promote alternative investing to leverage on the strength of one another specifically in the promotion of the venture capital industry regionally.

The AVC will continue to work with the other ASEAN countries as well as their industry players that do not yet have an industry association.

“The inclusion will open up communications with Limited Partners, General Partners and entrepreneurs across respective countries and provide an effective platform for fundraising, investment syndication and exit opportunities,” MVCA Chairman Shahril Anwar Mohd Yunos said at the time of signing.

The ASEAN Venture Council will be a special VC focused platform sponsored by venture capital and private equity associations.

It is intended to drive development of the venture capital industry in a more concerted effort across the region leveraging each other’s strengths and capabilities – particularly leveraging each other’s strengths and capabilities – particularly in the areas of events, advocacy, research, education and deal flow.

Also Read:

Thailand, Indonesia formalise membership in ASEAN Venture Council

Major VCs in region form ASEAN lobby to ride regional opportunity

Indonesia to open dialogue with Korea, Japan to form venture council

 

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.