Given the challenges in finding investible bets and deploying capital in big-ticket deals in the frontier market of Myanmar, Singapore-based Vulpes Investment Management has rebranded its country-focused Vulpes Innovative Myanmar Investment Company as Seed Myanmar, a vehicle dedicated to making early-stage technology investments, a top executive with the firm told DEALSTREETASIA.
Vulpes Innovative Myanmar Investment Company, which was on the road to raise its second fund with a targeted corpus of $25 million, has scaled down the fund size as well as undertaken a makeover to reflect its new focus.
