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Heliconia's assets under management tops S$1b, and it's still on the prowl

Temasek unit sees new business clusters in esports, entertainment; it has invested in over 30 companies so far

"Singapore has gone past that generation of creating 'sub-contractors'. Today, it's about creating intellectual property," Mr Lau says, adding that the rise of technology - including the use of social media - would speed up the ability of growth companies to reach for global status.


TEMASEK unit Heliconia Capital has amassed more than S$1 billion worth of assets under management, and has "significant" dry powder to deploy to growth companies that can take Singapore to the global stage, its top executive told The Business Times.

This comes as the...

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