Singapore’s VC investments exceed $1b in 2014 :SVCA

Singapore-based private equity (PE) and venture capital (VC) fund managers deployed more than $9 billion, while VC investments exceeded $1 billion, with Singapore continuing to be a major investment hub. Singapore-based fund managers accounted for more than 55 per cent of total PE and VC investments into Southeast Asia. Meanwhile, Singapore-based companies received more than $2.7 billion in PE/VC funding.

This was revealed during the 2015 AGM of the Singapore Venture Capital and Private Equity Association (SVCA) on 28 April, which saw SVCA and Preqin  – a PE intelligence firm – release a joint report on the landscape of the private equity sector; SVCA executive committee was also elected for the 2015-2017 period. The AGM saw Dr Jeffrey Chi retain his chairmanship, with Gary Ng of CLSA Capital Partners assuming the role of vice-chairman.