A fund management company is an entity in which managers who hold a license or a registered with the Monetary Authority of Singapore (MAS) oversee the funds of wealthy people and big companies. The managers are supposed to formulate an investment strategy to produce greater returns on the funds or portfolios of their clients.
Venture capital (VC) is a channel through which venture capitalists or angel investors offer funds offered to startups and businesses that have an excellent potential for growth in return for equity in their business. Venture capital firms or high-net-worth individuals usually make venture capital investments.
A venture capital fund manager (VCFM) can oversee funds that satisfy the following requisites:
To assist startups in accessing capital, the MAS has made the procedure of obtaining a VCFM license simple by shortening authorization for a VC manager. Candidates can be representatives for a VCFM license if they carry out essential functions in a fund management company: Portfolio construction and allocation, Business development and marketing, or client servicing and Research and advisory.