True Global Ventures Expands Horizons with New Capital Markets Services Licence from MAS
True Global Ventures Expands Horizons with New Capital Markets Services Licence from MAS
True Global Ventures 4 Plus Pte. Ltd. (TGV) has achieved a significant milestone by receiving a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This prestigious licence allows TGV to conduct regulated fund management activities beyond just managing venture capital funds. The granted licence positions TGV as a Licensed Fund Management Company (LFMC), enabling the firm to extend its investment strategies and better serve its clients.
Expanding Asset Management Capabilities
With the new CMS licence, TGV can diversify its investment activities in several ways. For instance, the firm plans to manage Continuation Funds, which will allow it to provide growth capital to successful portfolio companies at various stages, including those preparing for Initial Public Offerings (IPOs). This innovative strategy enables TGV to support its high-performing investments while expanding the options available to its investors.
In addition to Continuation Funds, TGV is poised to establish Fund of Funds, investing in top-tier venture capital managers across various regions and sectors. This strategy will further diversify investor portfolios, showcasing TGV's global reach and extensive network.
Moreover, TGV is looking to invest selectively in public companies that align with its core investment themes, particularly in cutting-edge technologies such as artificial intelligence and blockchain. By tapping into both private and public markets, TGV aims to provide its investors a wider array of economic opportunities.
A Focus on Blockchain and Digital Assets
Notably, TGV intends to introduce Crypto Funds, leveraging its solid track record in blockchain technology. Professional management of digital assets will be underpinned by strong governance and risk management practices, ensuring that investors have access to this burgeoning sector with a safety net.
Beatrice Lion, CEO of TGV, expressed her gratitude for receiving the CMS licence from MAS, stating, "This milestone showcases our dedication to maintaining the highest standards in regulatory compliance and governance." With the new licence, TGV can invest more significantly in secondary markets without the previous restrictions imposed by its Venture Capital Fund Management licence. This flexibility is expected to amplify returns for TGV's investors and boost overall investment strategy efficiency.
Dušan Stojanović, the initiator of TGV, emphasized the potential the expanded licence brings. He mentioned, "Our diversified investment strategies will allow us to continue focusing on equity funds between $100 to $200 million, where we have achieved exceptional returns, positioned among the top 3% of venture capital funds globally."
Empowering Entrepreneurs and Disruptive Technologies
The achievement of this licence is not merely a regulatory formality; it signifies TGV's commitment to supporting exceptional entrepreneurs and disruptive technologies around the world. TGV's ethos is rooted in backing innovation-driven sectors, prominently including artificial intelligence and blockchain technologies.
Founded by experienced entrepreneurs and investors, TGV has built a solid reputation in venture capital investing. Its portfolio primarily covers key global cities such as San Francisco, New York, Singapore, Hong Kong, London, Paris, Stockholm, and Dubai. With an expansive network and robust governance, TGV aims to maximize long-term value for its investors while supporting the success of its funded ventures.
As TGV embarks on this new phase of its journey, the firm is poised to make a lasting impact on the global venture capital landscape. The introduction of new fund management strategies is a testament to TGV’s adaptability and forward-thinking approach in an ever-evolving market.