GIP Funds
Contact Singapore introduced an independent fund rating exercise as a key element of the GIP Funds’ application and selection process since 2012.
Mercer (Singapore) Pte Ltd was appointed as the independent rating agency in March 2012 . Mercer’s rating evaluation comprises of a comprehensive assessment of the funds in 3 broad categories:
(i) People – Idea generation and business management;
(ii) Investment – Portfolio construction and implementation; and
(iii) Operations – Governance, regulation, controls, technology and investment administration.
Funds which meet the rating benchmark are awarded a “Preferred Provider” rating and are reviewed by Contact Singapore’s GIP Fund Selection Panel before the final approval.
Approved GIP funds are required to undergo a surveillance rating exercise to reaffirm its rating and ensure compliance with Contact Singapore’s requirements one year after the initial approval.
Following from the independent rating exercise in 2013, a total of 14 funds were approved, of which OSK GC-Millennium Fund LP, which is managed by RHB OSK Asset Management Pte Ltd, is still pending Capital Markets Services (CMS) licence approval from the Monetary Authority of Singapore. RHB OSK Asset Management Pte Ltd will be subsequently listed on Contact Singapore’s website upon its fund manager’s successful attainment of CMS. In addition, Venstar Investments III Ltd, which is managed by Venstar Capital Management Pte Ltd, has closed fund raising as of 31 October 2013
Mercer (Singapore) Pte Ltd was appointed as the independent rating agency in March 2012 . Mercer’s rating evaluation comprises of a comprehensive assessment of the funds in 3 broad categories:
(i) People – Idea generation and business management;
(ii) Investment – Portfolio construction and implementation; and
(iii) Operations – Governance, regulation, controls, technology and investment administration.
Funds which meet the rating benchmark are awarded a “Preferred Provider” rating and are reviewed by Contact Singapore’s GIP Fund Selection Panel before the final approval.
Approved GIP funds are required to undergo a surveillance rating exercise to reaffirm its rating and ensure compliance with Contact Singapore’s requirements one year after the initial approval.
Following from the independent rating exercise in 2013, a total of 14 funds were approved, of which OSK GC-Millennium Fund LP, which is managed by RHB OSK Asset Management Pte Ltd, is still pending Capital Markets Services (CMS) licence approval from the Monetary Authority of Singapore. RHB OSK Asset Management Pte Ltd will be subsequently listed on Contact Singapore’s website upon its fund manager’s successful attainment of CMS. In addition, Venstar Investments III Ltd, which is managed by Venstar Capital Management Pte Ltd, has closed fund raising as of 31 October 2013
The 12 funds are listed in alphabetical order of the fund managers below:
| Fund Manager | GIP Funds |
| Asiasons Private Equity Pte Ltd | Asiasons Venture Fund Pte Ltd |
| Crest Catalyst Equity Pte Ltd | The Enterprise Fund III Ltd |
| Evia Capital Partners Pte Ltd | Evia Growth Opportunities III Ltd |
| F&H Fund Management Pte Ltd | F&H Singhome Fund II Ltd |
| Luminor Capital Pte Ltd | Luminor Pacific Fund 2 Ltd |
| Phillip Private Equity Pte Ltd | Phillip Enterprise Fund Ltd |
| Pinetree Capital Partners Pte Ltd | 3Pinetree GIP Fund Ltd |
| Rockstead Capital Pte Ltd | 1Rockstead GIP Fund II Pte Ltd |
| Tembusu Partners Pte Ltd | Tembusu Growth GIP Fund III Ltd |
| UOB Venture Management Pte Ltd | UVM 2 Venture Investments LP |
| Walden Digital Asia Pte Ltd | Walden International Singapore Pte Ltd |
| Zana Capital Pte Ltd | Zana Asia Fund II LP |
没有评论:
发表评论