- Institution Funds
- Independent Funds
- Corporate Funds
- Development Bank Of Singapore (DBS)
- Morgan Stanley
- Standard Chartered
- OCBC Bank
- United Overseas Bank (UOB)
- Astra and Lippo
- These funds are set up by corporations to invest in smaller companies that are related to their business.
- They are often used to finance smaller companies who are developing products and innovations that would benefit the corporation.
- Corporations usually finance ventures that have been turned down by banks or other financial institutions.
- Microsoft Corporation
- FoF is different from other private equity funds in the sense that it doesn't invest directly into businesses. Instead, FoF invests into venture capital and private equity funds that invest in businesses.
- In other words, FoF co-invests in businesses through venture capital and private equity funds.
- FoF is generally diverse in nature - it invests across industries using a variety of investment strategies
- It is a source of fund for venture capital and buyout fund managers investing directly into business.
- FoF would manage the funds invested by businesses.
Government Fund of Funds
TIF Ventures Pte Ltd (TIFV)
TIFV is a government owned fund of funds Management Company. It is organized as a wholly owned subsidiary of the Singapore Economic Development Board (EDB).TIFV manages the US$1.3 billion Technopreneurship Investment Fund, which invests globally into venture capital and private equity funds.