The Business Times
business-time-50

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

Summarise
google-preferred-sourceAdd BT as a preferred source
Megan Cheah

Megan Cheah

Published Mon, Mar 24, 2025 · 05:00 AM
    • Tan Chong Lee, chief executive of 65 Equity Partners, says: "Our goal is not to just focus on domestic businesses, but to (also) open up the funnel."
    • Tan Chong Lee, chief executive of 65 Equity Partners, says: "Our goal is not to just focus on domestic businesses, but to (also) open up the funnel." PHOTO: TAY CHU YI, BT

    [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).

    IPOMAS review groupFund managementTech IPO

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Allowing some older malls to evolve organically could help Orchard Road retain diversity, says one observer.

    Room for more offices, homes and green spaces to make Orchard Road more vibrant

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The amendments "aim to protect the competitive process of takeover and merger transactions", says SIC.

    MAS revises takeover and merger code to enhance competition and disclosures

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More