The Business Times
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65 Equity Partners’ two Singapore funds focus on driving growth in companies regardless of former listing status

The fund manager aims to find businesses that are listed offshore which are underappreciated and have an Asian angle, says its CEO

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Megan Cheah

Megan Cheah

Published Mon, Mar 17, 2025 · 05:00 AM
    • 65 Equity Partners. From left: Adrienne Teh, managing director; Francis Woo, chief corporate officer and managing director; chief executive Tan Chong Lee; and investment principal Timothy Wee.
    • 65 Equity Partners. From left: Adrienne Teh, managing director; Francis Woo, chief corporate officer and managing director; chief executive Tan Chong Lee; and investment principal Timothy Wee. PHOTO: TAY CHU YI, BT

    [SINGAPORE] Investment firm 65 Equity Partners aims to list two or three companies on the local bourse in the next two to three years, with one of the listings likely to be quite soon, its management told The Business Times.

    Backed by Temasek Holdings, 65 Equity Partners has S$4.5 billion in assets under management. One of its funds is the S$1.5 billion Anchor Fund @ 65 which aims to list “good quality” companies on the Singapore Exchange’s (SGX) mainboard.

    As at March, the fund has deployed some S$700 million into five companies: immersive entertainment company Neon, used car trading platform Carsome, cashback rewards platform Shopback, data management and security solutions provider AvePoint and cloud developer Tuya.

    Fund managementtalkmed groupHealthcareM&AIPOCarsomeHi-P

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