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Tembusu Partners launching several funds totalling 1b yuan

Vivienne Tay

Published Thu, Mar 21, 2019 · 09:50 PM

Singapore

SINGAPORE-BASED Tembusu Partners is launching several investment funds totalling one billion yuan (S$205.6 million), and has appointed former CapitaLand CEO Lim Ming Yan as chairman of its China advisory board, the private equity firm said on Thursday.

This comes as the private equity firm looks to increase its investments in China, which coincides with Beijing's efforts to "liberalise the economy and promote innovation", it added.

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