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What's New In Investments, Funds? – Schroders Singapore Targets UHNW Thai Market

Editorial Staff 17 March 2022

What's New In Investments, Funds? – Schroders Singapore Targets UHNW Thai Market

The latest news on investment offerings, financial products and other services relevant to wealth advisors and their clients.

Schroders Singapore, in partnership with Krungsri Asset Management, has launched a private equity fund aimed at ultra-wealthy individuals in Thailand.

The Krungsri Global Private Equity Fund will invest through the Schroder GAIA II Global Private Equity Fund, which serves as the master fund, Schroders said in a statement yesterday. 

The fund focuses on small-mid cap specialist opportunities across the US and Europe as well as Asian growth companies. 

The master fund will invest directly in non-listed companies with a coverage of primary and secondary markets. It also focuses on five sectors – healthcare, technology, digital consumer-related, business services and industrials, and will invest in order to obtain exposure to a range of private equity strategies, including venture capital, growth capital, buyout and financing for special situations. Environmental, social and governance considerations have also been factored into the investment process.

Investing in the KFGPE-UI can also be an alternative for UHNW investors whose criteria meet the regulations of the Securities and Exchange Commission (SEC), Thailand to participate in private equity investment with institutional investors, Schroders said. 

The fund has raised over $14 million in IPO, with the minimum required investment being 1 million baht.

“We have witnessed accelerated growth in Thailand over the past decade, with the investment landscape growing more sophisticated. There is a greater demand for differentiating products amongst local investors to diversify their investment portfolio,” Arthit Thongchareon, head of Thailand Business, Schroders, said. “Our partnership with Krungsri Asset Management is a pivotal step for Schroders, enabling us to be one of the first global asset managers to offer a private asset fund to UHNW investors in Thailand, and serve as a catalyst to drive the growing PE investment landscape in the country.”

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