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The Securities Commission of Malaysia issued the first edition of the "Practical Guide on Venture Capital and Private Equity in Malaysia" yesterday, which is intended to serve as a comprehensive guide and vital resource for investors and industry professionals looking to navigate the dynamic landscape of venture capital and private equity in Malaysia. Through the Malaysian Venture Capital & Private Equity Association (MVCA), and together with several key stakeholders including Bank Negara Malaysia, Labuan Financial Services Authority, EY Tax Consultants, we contributed to the development of this guide, which includes topics covering: - Regulations and Registration of VC and PE Firms - Fund Structuring  - Foreign Exchange Policy  - Tax Matters - Fund Management Operations - Fund Marketing We believe that this guide will empower the next generation of innovators and investors to further grow our investment landscape. Download a copy here: https://lnkd.in/gp5eApzf   Thank you once again to the Securities Commission for this opportunity to collaborate.   #VentureCapital #PrivateEquity #Malaysia #Entrepreneurship #Innovation #Investment #StartupEcosystem

🌟 Announcement: Issuance of "Practical Guide on Venture Capital and Private Equity in Malaysia" 🌟 The Securities Commission Malaysia has issued the “Practical Guide on Venture Capital and Private Equity in Malaysia”. The VCPE Guide is designed to equip prospective venture capital and private equity fund managers, service providers and investors with in-depth practical knowledge to navigate the dynamic landscape of venture capital (VC) and private equity (PE) in Malaysia. 📘Key contents of the VCPE Guide include areas such as: ·       Registration and Regulations pertaining to the VC and PE Firms ·       Fund Structuring ·       Foreign Exchange Policy ·       Tax Matters ·       Fund Management Operations ·       Fund Marketing 💼 Benefits to the Capital Markets Industry: The launch of the VCPE Guide represents a significant milestone for the Malaysian capital markets industry, providing the following key benefits: ·       Enhanced Knowledge: Provides industry professionals with a thorough and comprehensive understanding of the VC and PE landscape, promoting informed decision-making. ·       Regulatory Clarity: Offers clarity on the legal and regulatory requirements, thereby streamlining transactions and mitigating compliance risks. ·       Investor Confidence: Boosts investor confidence by highlighting successful investment strategies and showcasing Malaysia as an attractive hub for VC and PE investments. ·       Economic Growth: Supports the development and growth of innovative startups and businesses, thereby contributing to Malaysia’s overall economic development. 🚀 In recent years, the VC and PE sectors have exhibited robust growth. In 2023, total fund commitments for VC and PE reached RM17.85 billion, up from RM16.08 billion in 2022. Between 2017 and 2023, VC and PE investments contributed RM5.9 billion to Malaysia's capital markets, underscoring their pivotal role in fostering economic progress. #SC #SecuritiesCommission #Malaysia #CapitalMarket #VentureCapital #PrivateEquity 🔗Download the VCPE Guide here: https://lnkd.in/gscMF_9i

TransferGo Announces Strategic Investment From Taiwania Capital to Boost Growth in Asia Pacific “Our mission is to create a fairer world for the global citizens. The recent investment opens a new chapter for our company, enabling us to accelerate growth in Asia-Pacific by providing people with more opportunities for fairer financial services. Additionally, we will continue investing in broadening our product development and bringing more value to our customers worldwide,” says Daumantas Dvilinskas, TransferGo Co-Founder and CEO. “The doubling of our company’s valuation, considering the problematic capital market conditions, validates our robust business model and positions us among the fastest-growing consumer finance service brands worldwide.” David Weng https://lnkd.in/eTA5pBtr #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Some PE, VC Investors More Equal Than Others? Sebi seeks to Find Out. The Capital Market Regulator has asked several funds to reveal the names of investors who have been offered beneficial terms by the funds and have representative on the funds’ investment committees. Many PE and VCs or, AIFs, the regulator term for such pooled vehicles have been told to spell out the details of these differential rights given to certain investors. In a communique to many AIF’s about a week ago, Sebi asked fund managements to submit documents like ‘side letters’ and ‘contribution agreements’ that provide special rights to investors. The regulator may compare a side letter, which is an agreement between a fund house and some investors, providing rights and obligations which are outside the standard investment document, with the fund’s private placement memorandum (PPM)- the disclosure document used for fund raising through private offering. Sebi got a greater sense of these practices though some of which are prevalent in the PE-VC industry worldwide after the AIFs submitted details to depositories for dematerialising the units (or shares) issued to investors in the funds. The regulator, it appears, is uncomfortable with situations where better rights given to some investors undermine the rights of others. However, multiple funds have been offering differential rights on the grounds these would not be prejudicial to the interest of other investors. Read more at-  https://lnkd.in/g9N-kE5S

🚀 "Venture capital insider Alan Jones sparks a vital conversation on the barriers facing potential investors in Australia. His latest blog post challenges the status quo, critiquing the 'sophisticated investor' criteria that gatekeep the venture fund landscape. Jones boldly calls out the current system for being wealth-centric rather than knowledge-focused and urges a shift towards a more inclusive exam-based approach akin to international models. Don't miss his insightful proposals for democratizing investment in innovation. Dive into the debate! #VentureCapital #InvestmentInclusion #FinancialReform"

As part of its Capital Market Masterplan 3, Securities Commission Malaysia has released its inaugural guide on VC and PE in Malaysia. The goal is to foster a more dynamic private market sector by sharing in-depth knowledge with investors on Malaysia’s VCs and PE policy landscape. Malaysian Venture Capital & Private Equity Association (MVCA) #investors #malaysia #capitalmarkets #PrivateMarkets

Berlin based ACE Alternatives secures a seven-figures investment to reshape alternative fund management #ACE Alternatives, a rapidly growing alternative asset fund service #fintech provider based in Berlin, has secured a significant seven-figure seed investment from industry veteran Bob Kneip, who will also serve as Chairman of the Advisory Board. This strategic funding will facilitate ACE's expansion into Luxembourg and Ireland, key fund domiciles, and target the DACH equity market. Founded by Matias Collan, ACE Alternatives has achieved remarkable growth, with over 200% year-over-year increases in revenues and assets under service. The company's innovative tech-driven solutions cater to fund administration, compliance, tax and accounting, investor onboarding, and ESG needs. Key investors include notable fund managers such as Nucleus, āltitude, identity.vc I Backing LGBTQ+ Entrepreneurs, and Emergence. Bob Kneip, whose extensive experience in financial information services will be invaluable to ACE, emphasized the transformative potential of ACE’s technology-driven approach. He sees ACE Alternatives as a pioneer in the digital revolution within the alternative investment industry, aiming to provide enhanced clarity, efficiency, and transparency for both limited partners (LPs) and general partners (GPs). Dr. Isabella Fandrych, Managing Partner of Nucleus Capital, highlighted the significant value ACE has brought to their investor onboarding and fund closing processes, citing the ACE team’s proactive and supportive role in their operations. Further strengthening ACE’s leadership, Felix von der Planitz, former PwC Senior Partner and Head of Tax Compliance in Germany, has joined as Co-CEO and will co-lead the new ACE Tax Unit with Matias Collan. This move is set to broaden ACE's expertise and service offerings, positioning the company for continued growth and market expansion. The article on EU-Startups in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

𝗨𝗻𝗶𝗳𝗶 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝘀 𝗮 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗶𝘁𝘀 𝗿𝗲𝗰𝗲𝗻𝘁𝗹𝘆 𝗲𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝘀𝘂𝗯𝘀𝗶𝗱𝗶𝗮𝗿𝘆, 𝗨𝗻𝗶𝗳𝗶 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗟𝗟𝗣 (“𝗨𝗜𝗠𝗟”) 𝗶𝗻 𝗚𝗜𝗙𝗧 𝗖𝗶𝘁𝘆, 𝗜𝗙𝗦𝗖. 𝗨𝗻𝗶𝗳𝗶 𝗖𝗮𝗽𝗶𝘁𝗮𝗹, 𝗮 𝗹𝗲𝗮𝗱𝗲𝗿 𝗶𝗻 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮, 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝘁𝗵𝗲 𝗹𝗮𝘂𝗻𝗰𝗵 𝗼𝗳 𝘁𝘄𝗼 𝗻𝗲𝘄 𝗳𝘂𝗻𝗱 𝗼𝗳𝗳𝗲𝗿𝗶𝗻𝗴𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗶𝘁𝘀 𝘀𝘂𝗯𝘀𝗶𝗱𝗶𝗮𝗿𝘆 𝗶𝗻 𝗚𝗜𝗙𝗧 𝗰𝗶𝘁𝘆, 𝗜𝗙𝗦𝗖. “The establishment of Unifi IM at Gift city is a strategic expansion of our international capabilities and prepares us for India’s growing integration with global investment markets" says Mr. Sarath Reddy, Founder & CIO of Unifi Capital. "Unifi’s foreign and NRI investors can now directly invest in our concentrated Indian portfolios without having to route through offshore jurisdictions. Similarly, Indian investors can now directly invest in world markets through the same streamlined channel." The primary offering is the Rangoli India Fund, an Inbound Cat III AIF registered with SEBI as a Category 1 FPI. The fund, similar to Unifi’s domestic “Blended-Rangoli” strategy, is a value-oriented concentrated investor in growth businesses. It invests in Indian companies that are beneficiaries of growing middle-class and household income, formalisation of the informal sector, and emerging national core competencies. The GIFT City IFSC regime offers stability and continuity, backed by the regulator and the government's initiative to make GIFT City a world-renowned international financial services hub. “SEBI's recent decision allows 100% NRI investment for FPIs based in GIFT City and is a major milestone for such funds targeting the diaspora, who are natural investors in Indian markets.” said Mr. Krishna Prassad, CEO and Principal Officer of UIML. “We also have the G20 Portfolio, an Outbound PMS, in the works. Our G20 PMS cherry-picks 20 of the world’s leading businesses to build a custom portfolio for Indian HNI investors. It will enable them to diversify internationally, participate in businesses that are not available in Indian markets and take advantage of market cycles that are not correlated with our markets in India. Unifi’s deep research and asset management expertise, coupled with our commitment to lifetime client relationships will help our clients confidently step into this new arena of developed market equities.” Mr. Krishna Prassad said. About Unifi Investment Management LLP: Unifi IM is a fully owned subsidiary of Unifi Capital, domiciled and independently governed in Gift City, IFSCA. The firm caters specifically to the requirements of international investors looking to invest in Indian equities and Indian investors in global equities, respectively. It is also registered with the US SEC as an Exempt Reporting Advisor. www.unifiinvestment.com

🌐 Explore our latest article; a must-read for firms aiming to lead in alternative investments! Here’s why this guide is invaluable for firms aiming to create robust investment marketplaces: 1️⃣ Comprehensive Market Insights: Understand the mechanics of alternative investment marketplaces and identify strategic opportunities. 2️⃣ Expanding Investor Access: Learn how to design platforms that lower entry barriers and broaden access to alternative assets. 3️⃣ Tech-Driven Platforms: Discover how leveraging technology can democratize access to previously exclusive markets. 4️⃣ Effective Revenue Models: Gain insights into successful business models that connect investors with diverse alternative assets. 5️⃣ Building Investor Trust: Understand the importance of compliance and transparency to enhance investor confidence and platform credibility. 🔗 For firms looking to build or expand their alternative investment marketplaces, access the full article here: https://lnkd.in/eqkAuKUN #FundFront #AlternativeInvestments #DigitalTransformation #AssetManagement