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Square Peg to raise another US$550 million fund in the second half of 2024

It is the sixth time the company is making such a move and it has plans to expand its team in Singapore

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Benjamin Cher

Benjamin Cher

Published Thu, May 9, 2024 · 09:20 AM
    • Tushar Roy, partner at the venture capital firm Square Peg, says South-east Asia needs to work on improving the attractiveness of its public exchanges as listing venues for tech stocks.
    • Tushar Roy, partner at the venture capital firm Square Peg, says South-east Asia needs to work on improving the attractiveness of its public exchanges as listing venues for tech stocks. PHOTO: SQUARE PEG

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    VENTURE capital (VC) firm Square Peg is looking to raise another US$550 million fund, with fundraising to start some time in the second half of 2024.

    This will be the sixth fund the company has raised, following a similarly sized fifth fund.

    Tushar Roy, partner at Square Peg, told The Business Times that there was no need to increase the fund size given the market environment.

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