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Ron Sim backs new fund targeting Asia small- and mid-cap firms

R3 Asset Management takes stake in Catalist-listed Y Ventures and aims to raise S$50 million soon

Published Thu, Feb 1, 2018 · 09:50 PM

Singapore

R3 ASSET Management, a fund linked to OSIM founder Ron Sim, has quietly entered the market and invested in Catalist-listed Y Ventures.

The fund - led by experienced analysts formerly from brokerage houses RHB Research and Maybank-Kim Eng - targets growth stocks and aims to raise about S$50 million soon.

On its website, Singapore-registered…

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