Selby Jennings’ Post

Who are you meeting with this week from LinkedIn? I met amazing people from Hongkong, Amsterdam, Indonesia, Malaysia, Australia, United States and Canada. Every business has purpose, Align those purpose excites me. When you can master on how to start conversation in LinkedIn genuinely, It feels open up the whole possibilities Together. P.S. I think this picture represent well my topic of the day. Do you agree? P.S.S. Every week many ask me about investment opportunity for their business. What do you feel if you can get access to curated data of 18,000 Private equity and Venture Capital? P.S.S.S. If anyone fancy to hike Bryce National Park sometimes next year. Let’s go together. I wish to revisit. #linkedin #business #globalbusinessdevelopment

As Singapore family offices strategically navigate the investment landscape and emerging trends, the spotlight is firmly on GP stakes opportunities. Kevin Teng, CEO of WRISE Wealth Management Singapore shared a compelling perspective on the growth trajectory and appeal of this burgeoning realm, alongside other market experts, with Nishtha Asthana from AsianInvestor.   GP stakes can be an appealing option for single family offices looking to diversify their portfolios and access the benefits of private equity firms. They also help new families accelerate their entry into the venture capital ecosystems. All this and more in the article below.

At present, there are mainly two team models in China quantitative private equity. One is the independent fund manager system, that is, the PM system. The company uses teams as units, and each team has a different main strategy, forming an independent combat mode led by multiple fund managers. The infrastructure can be shared between teams, but it may be in the core Compete on strategy and performance. The second is the assembly line factory model, which is also called the "factory digging factor" model in the industry. This model often centers on the investment director, who is responsible for strategy deployment, transaction execution, and position allocation. Different teams are responsible for different work content. Multiple strategy researchers are responsible for factor research and development, and do not directly participate in real portfolio management. This mode tests the integration ability of the team more. Regardless of the model, technology and talent will be the core that will determine the success or failure of quantitative private equity institutions in the future. #technology #management

Next week, I'll be participating in a panel discussion with some great people at Emergence 2024 Singapore in Singapore. I'd like to start by thanking Steve Torso for inviting me to the event. In my session, I'll be talking about the state of the VC industry in Korea and investment trends in the Middle East. The Korean VC industry is hot and cooling down at the same time. What is hot is definitely investments in semiconductor startups. In addition to the well-known unicorn stage companies Rebellions, PuriosaAI, and Sapion, seed investments in startups are already raising $30M in valuations. The future market size of the AI semiconductor market, sparked by NVidia, is already predicted to be $77B in 2025. Therefore, even a 10% share of this market is expected to generate $7B in revenue, so the high expectations for this market may be a bubble, but it is not completely unfounded. In particular, there are about five countries in the world where AI semiconductor ventures can come out, and I believe that South Korea has a very high potential. Meanwhile, in the Middle East, KSA and UAE are both willing to invest in diversifying their industries. Recently, KSA announced its intention to invest 100B$ through a company called ALAT to foster manufacturing in the country. From this perspective, the UAE already has 40% of its GDP in non-oil industries and is working to increase it. However, it is difficult for both KSA and UAE to develop advanced manufacturing industries using only their own talent. This is why they need to collaborate with countries like Korea that are willing to transfer technology. This is also an opportunity for investors. Therefore, I am focusing on building ventures with manufacturing technologies that are recognized in the Korean market and JVs with large Middle Eastern companies. This is because we can help Korean ventures go global while also contributing to the economic growth of the Middle East market. If anyone is interested in discussing this, I look forward to meeting with them at the following events. 

More and more countries and state funds from the oil-rich Gulf are looking at opportunities abroad, especially in Asia, as they look to diversify their investments, driven by the need to shift their focus to a wide range of sectors including tech. The region’s largest sovereign wealth funds, which together account for easily over $3.5 trillion in AUM, have been expanding their investments across Asian markets through both fund and direct investments. Middle Eastern LPs are becoming a growing base for Asian fund managers as they raise new vehicles. This trend has sent a ripple effect across several investment firms and even Chinese and South & SE Asian startups, who are looking to expand to the Middle East, as cross-border deal activities rise. How are Middle Eastern firms viewing the Asia opportunity? What are the challenges they face while operating in diverse markets of south and SE Asia and Greater China? -Niklas Ponnert, Partner, eWTP Arabia Capital -Ghada Abdelkader, CFA, Senior VP of CE-Invests, Crescent Enterprises -Michael Lints, Partner, Golden Gate Ventures (Moderator)

Private equity and venture capital deal value and volume in Asia-Pacific, excluding Japan, plunged 85.4% in the first quarter to $1.20 billion, according to S&P Global Market Intelligence data. Aggregate deal value in the first three months of 2023 stood at $8.24 billion. The number of deals also fell in the first quarter to 30 from 55 in the same period in 2023. Get more insights: https://okt.to/3CzQVA #asiapacific #PrivateEquity