Affirma Capital eyes Singapore buyout opportunities

Newly-spun-off private equity unit of Standard Chartered Bank is homing in on mid-sized, founder-owned firms which can benefit from PE expertise

Fri, Aug 02, 2019 - 5:50 AM

Lee Meixianleemx@sph.com.sg@LeeMeixianBT

Its chief executive Nainesh Jaisingh believes privatisation will enable founders to realise better value for their companies, and institutionalising these "informal" businesses, putting them through the surgical hands of private equity professionals, will take them to their next phase of growth.

PHOTO: ST FILE

Singapore

AFFIRMA CAPITAL, the newly- spun-off former private equity business of Standard Chartered Bank, is eyeing buyout opportunities in Singapore, and has its sights on founder-owned, medium-sized enterprises and family businesses.

Its chief executive Nainesh Jaisingh believes...