MAS to launch two new funds worth $2b for co-investment

$1.5b is for Anchor Fund @ 65 and $500m for Growth IPO Fund.

Monetary Authority of Singapore Managing Director Ravi Menon revealed the launch of two funds for co-investment.

One of these will be done with Temasek Holdings to establish a $1.5b fund titled Anchor Fund @ 65, which will act as a cornerstone investor for starting companies.

The Economic Development Board, meanwhile, will create a Growth IPO fund, with a starting size of $500m to invest in growth-stage companies.

MAS has also focused on enhancing its Grant for Equity Market Scheme. One of the functions of this grant is to defeat the cost of listing on SGX by co-funding up to $2m of listing expenses, an improvement from the previous coverage of $1m. This will be improved to defray the listing costs of special purpose acquisition companies and real estate investment trusts.

Follow the link s for more news on

MAS

Temasek Holdings

investment fund

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia