Singapore: Qualgro launches $50m+ ASEAN-focused venture capital fund

National flags and the Association of South East Asian Nations (ASEAN) logo on display ahead of the 27th ASEAN summit in Kuala Lumpur, Malaysia, November 18, 2015. REUTERS/Olivia Harris

Qualgro and Gordian Capital today announced the spin out of the Qualgro ASEAN Fund I, L.P. from the Gordian Capital platform, with a corpus in excess of $50 million.

The fund ASEAN-focused fund attracted investments from both Japanese and Asian multinational corporations. It makes venture capital (VC) investments, with a primary focus on Series A and Series B in Southeast Asia, Australia & New Zealand.

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