Singapore VC fund manager tops global consistency rankings

All three of East Ventures’ funds were in the top quartile of returns with over 20% internal rate of return.

Two Singaporean firms, East Ventures and Vickers Venture Partners, joined the list of the top consistent venture capital (VC) fund managers in the world by capital market and data analytics firm Preqin.

East Ventures shared the top spot with four other firms from the US and Hong Kong, with all three of its VC funds in the top quartile for returns. All three of East Ventures’ VC funds were in the top quartile for returns--or 20% Internal Rate of Return (IRR) and two times cash returns net of fees. In total, the firm has raised $187.17m (US$135m) in the past decade.

Vickers Venture Partners (Vickers) also made it to the fourth spot, sharing the place with two other firms from the US and Israel. Of Vickers’ four VC funds, three are in the top quartile of funds. In total, Vickers’ has raised $501.9m (US$362m) in the past 10 years.

Preqin also named other Asian VCs as top consistent performers. The relatively new Hong Kong-based Click Ventures has raised $20.8m (US$15m), with all three of its overall funds in the top quartile for returns. South Korea’s AJU IB Investments has two top quartile funds out of its three overall funds and has raised $1.1b (US$793m) in the past decade.

Japan’s Future Venture Capital and China’s Langsheng Investment also made it into the list with two top quartile funds each, having raised $20.8m (US$15m) and $217.7m (US$157m), respectively.

In total, Asia has $571.36b (US$412.1b) dry powder, or cash reserves and liquid assets available for use, and an unrealised value of up to $1.13t (US$812.3b).

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.