<article>Banking on the progress of its corporate advisory business, Singapore’s <a href="http://www.sakaeholdings.com/Pages/index.html">Sakae Holdings</a> now plans to set up a $250 million opportunistic fund to invest in both public and private opportunities.</article>

Banking on the progress of its corporate advisory business, Singapore’s <a href="http://www.sakaeholdings.com/Pages/index.html">Sakae Holdings</a> now plans to set up a $250 million opportunistic fund to invest in both public and private opportunities.
Mainboard-listed Sakae Holdings, which is known for its chain of Sakae Sushi restaurants islandwide, and has more than 200 restaurants in Singapore and nine other countries, had ventured into corporate advisory services last year, as part of its diversification process, and had recently announced that it had got its first client in this space in <a href="http://www.qandm.com.sg/">Q&amp;M Dental Group</a>.
&#8220;Given the progress in our corporate advisory business, we are now focused on the establishment of an asset management business in our group.
&#8220;We believe that an appropriate starting point would be a $250 million opportunistic fund to invest in both public and private opportunities where we identify deep value whether because of growth prospects, market inefficiencies or otherwise,” the company said.
Sakhe had also recently signed an agreement with India-listed corporate finance company <a href="http://www.religarecm.com/">Religare Capital Markets Corporate Finance</a>, and the duo jointly plan to bring entities from across the globe to undertake dual listings in Singapore.
&#8220;An asset management business is the logical next step in the development of our financial services business as it would allow us to further reinforce the partnership with our stakeholders and benefit the companies that we invest in as well as promote our investors’ goals,&#8221; the company added.
Sakhe made the announcement after one of its units this week hosted the 2015 EMPEA Members-Only Reception. <a href="http://empea.org/">EMPEA</a> is the leading global industry association for private capital in emerging markets, with over 300 member firms who together manage more than US$1 trillion of assets.

Singapore’s Sakae Holdings now plans to set up a $250 million opportunistic fund to invest in both public and private opportunities

Sakae Holdings plans $250m investment fund

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Sakae Holdings plans $250m investment fund

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief