The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
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

    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.

    FundraisingVenture capital

    TRENDING NOW

    The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.

    Shanda co-founder sells Tanglin Hill bungalow for S$76 million

    Jumbo Group says its landlord, the National Parks Board, is studying the redevelopment of East Coast Seafood Centre in tandem with longer-term plans for the park.

    Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30

    China has launched the biggest shake-up of its cross-border tax system in decades, threatening three popular brokers with at least US$330 million of penalties.

    China targets offshore billions in biggest crackdown in decades

    Beyond structural portfolio shifts, the study highlighted paradoxes regarding intergenerational wealth planning and succession.

    Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study

    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