Cambridge Associates to offer discretionary services in Singapore
Cambridge Associates has received a license to offer discretionary portfolio management services via its Singapore affiliate. The group has been operating in Asia since 2001, offering independent research and advisory services to institutional investors. It is now in a position to invite clients in the region to outsource the entire process to Cambridge.
The capital markets license required to enter the discretionary space was awarded by the Monetary Authority of Singapore last month. "We are now better able to meet a need among investors in Asia Pacific...
More on LPs
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.