Thailand-Japan cos JV to launch $50m PE fund

Brand logo of the groups

SBI Finansa Private Equity Partners, a 50:50 joint venture between Finansa PCL and SBI Holdings (SBIH) is planning to launch a private equity fund of more than $50 million, soon.

According to the company’s statement, the fund will be raised from the public after the new joint venture company is set up; in a month’s time.

The company plans to focus on investing in non-listed firms in Thailand, Vietnam, Myanmar, Cambodia and Laos.

Also read: SGX, VC firm launch equity crowdfunding joint venture

SBIH is a Japan-based, listed financial services company group that promotes investment in emerging countries in Asia by forming alliances with prominent local partners in Japan. It has a market capitalisation of around $25 billion.

Meanwhile, Finansa is a comprehensive financial group based out of Thailand. The group is engaged in the fund management business and has a strong track record in private equity investments in the Southeast Asia, particularly in Thailand and Vietnam.

Finansa’s associated company, Finansia Syrus PCL, has an existing business and capital alliance with SBIH through their 19 per cent shareholdings in SBI Royal Securities Plc, a subsidiary in Cambodia (under SBIH’s umbrella).

 

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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.