The Kaizen Private Equity II Fund was an ASEAN focused private equity capital fund focusing on the education sector established on the Gordian Capital platform. After the Fund had attracted solid institutional interest including a number of DFI’s and made a number of investments, as planned, the Portfolio Managers spun off the platform. Gordian Capital supported the Portfolio Managers, working to novate the KAIZEN Fund across to their newly registered asset management firm.
Sandeep Aneja, Founder and Managing Partner KAIZEN PRIVATE EQUITY II FUND commented, “Our highly experienced team already had decades of experience in the sector and had run a private equity fund with a similar strategy (Kaizen Private Equity I), however, establishing an operation in Singapore on Day 1 that met the standards that our institutional investors required was daunting, particularly from a cost and time perspective. Gordian Capital gave us the institutional platform that we required and allowed our investment team to focus on both finding great companies and working to grow them. Gordian Capital operates as a “pure platform” meaning this is their core business and they are not distracted by other businesses. As such there is no conflict of interest, either real or perceived. One key benefit was their flexibility, albeit in a highly regulated ecosystem, due primarily to their many years of experience and deep understanding of the lifecycle of funds. As expected, the spin out into our own regulated entity went smoothly.
QUALRGO 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.