MAS to introduce US$5 billion funds for private equity and infrastructure fund managers
Mr. Peter Ong, MAS Board Member and Chairman of Enterprise Singapore presented new initiatives at the Global Investor Summit of the Singapore FinTech Festival to boost private markets financing channels. This initiative includes a programme to introduce up to US$5 billion for management with private equity (PE) and infrastructure fund managers, this will build on MAS’ current external fund manager programme. MAS also unveils a large-scale deal-making platform, MATCH. These initiatives will help in efforts to grow the local talent pool while providing flexibility on the hiring of foreign specialists in the PE and venture capital (VC) industry. This shall consolidate Singapore position as a Financing hub in the region.
Date: 13 November 2018