True Global Ventures 4 Plus Pte. Ltd. (TGV) has been granted a capital markets services (CMS) licence by the Monetary Authority of Singapore (MAS), enabling the firm to conduct regulated fund management activities beyond venture capital. This development positions TGV as a Licensed Fund Management Company (LFMC) for accredited investors, allowing it to manage regulated investment funds from Singapore.
The CMS licence allows TGV to diversify its fund management activities and introduce new investment strategies. These include managing continuation funds, which provide additional growth capital to high-performing portfolio companies and offer investors the option to continue participating in later-stage pre-IPO companies. This flexibility was previously constrained by TGV’s Venture Capital Fund Management (VCFM) licence.
Additionally, TGV plans to manage fund of funds, which will diversify investor portfolios by allocating to top-tier venture capital managers across various regions and sectors. The firm also intends to invest in public companies that align with its core themes of artificial intelligence and blockchain, thus offering investors opportunities in both private and public markets.
“We are honoured to receive the CMS licence from MAS, which reflects our commitment to meeting the highest regulatory compliance and governance standards,” stated TGV. This licence not only strengthens TGV’s position as a global venture capital leader but also underscores its dedication to robust governance, compliance, and investor protection.
