True Global Ventures 4 Plus Pte Ltd (TGV) has been granted a Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS), allowing the firm to conduct regulated fund management activities beyond its previous venture capital focus. This licence positions TGV as a Licensed Fund Management Company (LFMC) for accredited investors, enabling it to manage regulated investment funds from Singapore.
With this new licence, TGV can broaden its investment strategies. The firm plans to manage Continuation Funds, providing growth capital to high-performing portfolio companies and offering investors continued participation in later stages, including pre-IPO companies. Additionally, TGV aims to diversify investor portfolios through Fund of Funds, investing in top-tier venture capital managers globally. The licence also permits TGV to invest in public companies aligned with its core themes of artificial intelligence and blockchain, and to offer professionally managed exposure to digital assets through Crypto Funds.
Beatrice Lion, CEO of TGV, stated, “We are honoured to receive the CMS licence from MAS, which reflects our commitment to meeting the highest regulatory compliance and governance standards.” Dušan Stojanović, initiator of TGV, added that the expanded licence allows the firm to maintain its core focus on equity funds with sizes between $100m and $200m, where it has achieved exceptional returns.
This development marks a significant step in TGV’s mission to support innovative entrepreneurs and disruptive technologies worldwide, whilst adhering to high fiduciary standards. TGV, a global venture capital firm, invests in sectors such as artificial intelligence and blockchain, leveraging its extensive network across major cities including Singapore, Hong Kong, and New York.
“`
