QUALGRO ASEAN FUND
The Qualgro Asean Fund was an ASEAN focused venture capital fund established on the Gordian Capital platform. After the Fund was mostly invested, the Portfolio Managers decided spin off the platform. Gordian Capital supported the Portfolio Manager’s, working to novate the QUALGRO Fund across to their newly registered asset management firm.
Heang Chhor, Founder and Managing Partner QUALGRO ASEAN FUND commented, “Since inception, Gordian Capital provided a regulated, stable, cost effective and highly professional ecosystem in which we could concentrate on our skill set – research, portfolio construction and working with our investee companies. As anticipated, we reached a stage in our evolution where it made sense to establish our own regulated entity. Thanks to Gordian’s fantastic support, the transition was a well-planned and seamless process
The BEENXEXT Fund was a venture capital fund established on the Gordian Capital platform that focused on investments in South East Asia, India, Japan and the US. With their first fund reaching full investment stage, the team felt it was time to spin out and establish their own asset management business. Gordian Capital supported the Portfolio Manager’s, working to novate the BEENEXT Fund across to their newly registered asset management firm.
Teru Sato, Founding Partner BEENEXT FUND commented, ““Although we have many years of venture capital investment experience, we had limited experience in establishing a fund, tax matters and structuring as well as the operational and regulatory aspects of operating a fund. Gordian Capital was very helpful and handled all those activities allowing us to focus on investing and working with our investee companies and giving us the flexibility to build our own brand. Our spin out was straightforward and smooth” “Gordian Capital was certainly a great launch pad.” noted Hironori Maeda, Managing Partner at BEENEXT Capital Management Pte. Ltd.