Warburg Pincus poaches GGV Capital IR executive in Singapore

Teck Loon Goh

Private equity firm Warburg Pincus has added a new member to its fundraising and investor relations (IR) team in Singapore from China and US-focused venture capital firm GGV Capital.

Teck Loon Goh joined Warburg in August, according to his LinkedIn profile.

He was previously responsible for managing GGV Capital’s relationships with its limited partners – institutional investors, including endowments and family offices, that commit capital to VC funds – globally for more than three years.

In his new role at Warburg, he will continue to be based in Singapore in a full-time capacity. Warburg Pincus confirmed his appointment to its Asia Fundraising and IR team in an email.

Before GGV Capital, Goh was a member of the Investment Management Division at Goldman Sachs for 12 years and a founding member of Goldman Sachs Asset Management’s Asia PE fund of funds business in 2006.

He joins Warburg Pincus about a year after the global PE firm raised more than $4.25 billion for its China and Southeast Asia-focused PE fund.

The fund, Warburg Pincus China SEA II, invests in Chinese and Southeast Asian portfolio companies alongside the firm’s global PE fund, Warburg Pincus Global Growth Fund LP, which closed in late 2018 at $14.8 billion.

New York-based Warburg Pincus invests across geographies and sectors at all stages of a company’s life-cycle from its diversified global private equity funds.

The firm established its first institutional fund in 1971 and over the last four decades, has raised private equity funds with committed capital totalling more than $74 billion.

GGV Capital was an early investor in Southeast Asia’s largest consumer internet company Grab that today commands a valuation of over $14 billion. Its portfolio also includes house-sharing platform Airbnb, China’s ride-hailing giant Didi Chuxing, messaging app Slack and Beijing Bytedance, owner of popular short video app Tik Tok.

GGV Capital managing partner Hans Tung said in January that the VC firm would be more selective in investing in Southeast Asia and India as valuations in these markets have risen very fast.

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.