Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
The firm’s Anchor Fund @ 65 mandate complements measures unveiled in MAS equities review group, says management
[SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public offerings (IPOs), said global investment firm 65 Equity Partners.
The firm’s chief executive, Tan Chong Lee, said that one of its key funds, Anchor Fund @ 65, is not limited to Singapore-headquartered companies, and can invest in any company that has plans to list in the city-state.
The S$1.5 billion fund has a mandate to scout for good-quality companies suitable to list on the Singapore Exchange (SGX).
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