Singapore's EDBI spins out fund manager August Global Partners with $250m AUM
EDBI has spun out an independent fund management company called August Global Partners to look at venture- to growth-stage investments.
Source: dealstreetasia.com
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EDBI has spun out an independent fund management company called August Global Partners to look at venture- to growth-stage investments.
The confusion started in 2012 when SGX made amendments to its mainboard-listing criteria. Read more at straitstimes.com.
Although mainly a direct investor, the investment arm of the city state’s Economic Development Board sources great deals and know-how through fund allocations.
Chu will be replaced by EDBI's managing partner, Paul Ng.