
Monk's Hill appoints two Southeast Asia partners
Singapore-based Monk’s Hill Ventures has appointed Michele Daoud (pictured) and Justin Nguyen as partners to expand deal sourcing capacity and portfolio support across Southeast Asia.
Daoud joined Monk’s Hill in 2016 as a principal and is the first woman to fill the role of partner. She has served as a financial analyst for Google and has experience scaling technology products in emerging markets across Africa, the Middle East, and Asia. Her previous investments include C88 Financial Technologies, education tech provider Elsa, and Ninja Van.
Nguyen arrived as an operating advisor, also in 2016, and has led investments in US robotics developer OhmniLabs and Vietnam’s Jio Health, which received $5 million earlier this month. He serves as an observer on the boards of both companies. His experience includes launching three start-ups and serving as China CEO for events planning marketplace StarCite.
Daoud and Nguyen are based in Singapore and Vietnam, respectively. “They join us as partners during a transformative time in Southeast Asia tech where we are seeing a boom of inspiring entrepreneurs who are tackling real problems and transforming millions of lives,” Kuo-Yi Lim, a managing partner and co-founder at Monk’s Hill, said in a statement.
Monk’s Hill focuses on post-seed technology start-ups positioned to leverage growth in ASEAN markets. It closed its first fund at $85 million. Fund II was launched last year with a target of $120 million. The firm positions itself as a partnership of entrepreneurs. Recent staffing activity includes the hiring of Mohd Ridzwan (Reez) Nordin as a venture partner.
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