Venturi Partners closes maiden fund with US$175m
SINGAPORE-BASED Venturi Partners on Tuesday (Apr 26) closed its maiden fund with a sum of US$175 million. It may increase the quantum if demand for investments goes up, it added.
The Asia-focused investment platform raised commitments from large EU and Asian family offices, including Peugeot Invest, Ackermans & Van Haaren and Frederic De Mevius – the founder of Verlinvest and part of the family ownership of ABI.
Founded in 2019, Venturi Partners typically invests US$10 million to US$40 million in the Series B to Series D rounds of high-growth Asian consumer companies with an online or offline presence. Sectors range from fast moving consumer goods to education and healthcare services.
Last week, the investment platform led the US$55 million Series C funding round of Singapore-based halal cosmetics company Believe. Its first investment was in Livspace, India’s interior design and home renovation platform.
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