Investment Management Business

Our Investment Management Business seeks to achieve capital appreciation and investment income from investments in both public and private companies, Funds as well as deploying funds into various situations. In pursuing our Group’s investment objective, our Group will participate in a wide range of investment activities, including third-party managed Funds, co-investment mandates, income-producing assets and direct investment deals. In the foreseeable future, our Group seeks to invest across a broad spectrum of Funds, focusing on growth equity and debt, mezzanine financing, PIPE, special situations, real estate, and other PE Funds, diversified by geography (Singapore and the PRC as core markets, Asia Pacific emerging markets and global developed markets), via joint investments with other prominent investment management companies either as an LP or co-GP. The investment principal arising from the matured entrusted loans from Debt Investment Business will be gradually recycled into (a) Funds Investment and managed under the Investment Management Business in the PRC; and (b) its newly established offshore Investment Management Business in Singapore.

Our Investment Portfolio

As of 31 December 2021, our Group’s Investment Management Business consists of 12 Fund Investments managed by 12 GPs (General Partners) in the PRC, covering 23 projects with an aggregate invested amount of approximately RMB4.61 billion. The Fund Investments reflected investments in 89 underlying Investee Companies.

Highlights

1. AUM: S$732.5mn of Fund and Equity investments as at 31 Dec 2021
2. No. of Fund Investments: 12 as at 31 Dec 2021
3. No. of Investee Companies under Fund Investments: 89 as at 31 Dec 2021; operates in various industries, such as industrials, materials, consumer discretionary, healthcare, and information technology. Some of our Investee Companies are publicly listed on stock exchanges such as the Shenzhen Stock Exchange and Shanghai Stock Exchange.