SG’s Kamet Capital closes Founders Fund I at $70m

Singapore-based multi-family office Kamet Capital has closed its first closed-end fund, Founders Fund I, at $70million. The closed-ended fund can conduct directs, co-directs and secondary deals and invests across the US, China, and Southeast Asia.

Singapore’s flourishing family office scene pulls in fresh grads

A new work-study elective, which matches SMU students with family offices for internships, has attracted considerable attention, reflecting the increasing appeal of wealth management as a career path for recent graduates. A surge in single family offices in Singapore has caught the attention of not just industry insiders, but also students like Justin Lew, who […]

China Tech Stocks’ Narrowing Losses Signal Market Is On the Mend

By Ishika Mookerjee(Bloomberg) — The rout in China’s largest tech stocks is becoming less severe with each passing bout this year, signaling to some investors that confidence is slowly returning with regulatory headwinds seen to have peaked.  The peak-to-trough decline in the first quarter was more than 21%, which has narrowed in subsequent episodes of […]

China’s Markets Throw Off Gloom for Now as Xi Offers Lifeline

(Bloomberg) — For the day at least, the optimists are driving China’s markets on bets Beijing is finally adopting a more aggressive growth policy, and will soon unveil a series of supportive measures. The Politburo statement on Monday is spurring rallies in Chinese stocks, the yuan and the dollar bonds of developers after weeks of […]

Finding the right people for the family office

Fancy a seat at the rich man’s table, managing his money? Family offices are a growing sector but there is a shortage of people with the right skills and temperament to do the job. With so many family offices setting up shop in Singapore, the sector looks set to pay dividends in terms of job […]

Investing, the family office way

Family offices may tap certain tax incentive schemes when they set up in Singapore and interest is certainly growing.  Q: There has been a lot of talk lately about family offices. What do those based here invest in?  A: Family offices are part of the asset management industry, which is in itself a key component of […]

LMS365, a learning management system built into Microsoft 365 and Teams, raises $20M

Danish company LMS365, an online learning management system (LMS) built for use inside Microsoft products, has raised $20 million in its first institutional round of funding. Used by companies including logistics giant Hellmann and soda bottling franchise G&J Pepsi, LMS365 allows users to create their own courses from scratch or import them from a third-party such as Go1 or LinkedIn Learning, which […]

Chinese stock bulls dealt a blow as National People’s Congress underwhelms

(March 10): For all the hype in the run-up to the National People’s Congress (NPC), Chinese stocks bulls were left in the lurch as a terrible week for global markets compounded a sell-off spurred by a lack of major policy incentives. It all began on Monday (March 6) as a consensus-lagging economic growth target of […]