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
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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.
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