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Eric Grunau 2016-11-07

For the second time in three years, firm recognized globally for consistently producing top net returns TORONTO– BUSINESS WIRE –November 7, 2016– Wellington Financial LP, a privately-held specialty finance firm, today announced the firm was named to U.K.-based Preqin s Most Consistent Top Performing Private Debt Fund Managers list for 2016.

This is the second time in three years that Preqin has named Wellington Financial as a Most Consistent Top Performing Fund Manager.

Pension plan CIOs and entrepreneurs alike care about consistency, and the Wellington team is gratified to receive this acknowledgement from one of the world s leading sources of data and intelligence within the alternative asset industry.

This designation recognizes our team s ability to consistently provide great results for our investors for more than 15 consecutive years, said Mark McQueen, President and CEO, Wellington Financial.

Preqin s annual list named Wellington Financial, along with thirteen other private debt funds, for consistently generating 1st and 2nd quartile returns for their investors since inception, from a database of 140 different global managers managing 231 different funds.

Fund managers need to have raised multiple funds in the same strategy to be eligible for consideration by Preqin.

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Gaston Alexander 2018-04-10
img

The startup craze fosters a growing appetite for venture capital firms in the country.

Greater China attracted $65 billion, or 36 % of the total global venture capital in 2017, next only to US’s $76.4 billion, figures from data service Preqin show.

Getting the initial funds is perhaps the most important step when building a company from scratch.

However, angel investors can be a confusing crowd with different industry focus and style.

After getting a PhD in computer science in 1988, Lee worked as top management for Apple, Microsoft, and Google.

He now serves as the founder and CEO of Sinovation Ventures, an accelerator/VC formerly known as Innovation Works.

collect
0
Janet Gaines 2019-10-16

Venture capital funds from East Ventures (EV), Openspace Ventures, Vickers Venture Partners, and Golden Gate Ventures have been named by investment data provider Preqin as the top performers in Southeast Asia, Tech in Asia has learned.

(Disclosure: EV is an investor in TIA.)

Only funds launched between 2009 and 2015 were considered for the rankings, which includes self-reported data from VCs and limited partners – the investors in those funds.

Preqin’s data, however, covers just 12% of funds in Southeast Asia, says Kam Ee Fai, the company’s head of Asia operations.

Regardless, Preqin’s “global benchmarks are used as the gold standard in the industry,” Kam adds.

The “net” here refers to the profit that’s left after deducting management fees and carry (or the fund manager’s share of the returns).

collect
0
Brian Plymel 2021-06-29
img
Nontraditional investors, which include anyone outside of traditional VC firms investing in venture capital deals, are increasingly making their presence felt in the investing community.
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0
Mary Jones 2019-08-19

Singapore-based venture capital firm East Ventures has been named one of the most “consistent top performing venture capital fund managers” in the world in the latest report by research company Preqin.

The firm ties with US-based VCs Benchmark Capital, G Squared, and Merus Capital, along with Hong Kong-based Click Ventures.

The five companies had three out of three of their investment funds in the top quartile.

“East Ventures is also the only VC company from Southeast Asia to get the prestigious title,” said the firm in a statement.

Since it was founded in 2010, the early-stage VC claims to have invested in over 400 startups from Indonesia, Singapore, Japan, Malaysia, Thailand, and Vietnam.

It has also backed unicorns like Tokopedia and Traveloka.

collect
0
Ruth Reed 2019-03-11
img

Softbank has launched a new global tech fund with up to $500m (£384.68m) to pour into early-stage startups.

The Japanese telecoms giant could launch the Softbank Acceleration Fund as early as next month, according to Reuters.

The new fund - a rebrand of Seoul-based SoftBank Ventures Asia, is around five times the size of comparable funds launched last year, data from Preqin suggested.

While Softbank’s $100bn Vision Fund focuses on providing cash to late-stage startups, this one will focus on companies at a much earlier stage of growth that are still trying to get their ideas off the ground.

“It’s an important signal within the Softbank Group that Softbank thinks early-stage investments are important and will make continued efforts on them,” said JP Lee, the fund’s boss.

When he secured a green light to start the new fund last October, Softbank chief executive Masayoshi Son asked him why they should invest in early-stage startups.

collect
0
David Bierman 2019-01-04
img

Early-stage venture firm Lightspeed China Partners (LCP) announced on January 3 the closure of its fourth and largest-ever fund for China, with a combined committed capital of $560 million.

Lightspeed China’s current funding comes as China’s venture capital party begins to quiet after an exuberant 2018.

Around 70 China-focused venture funds raised just over $15 billion in first 11 months of 2018, according to a study released by data provider Preqin and Insead business school, a significant drop as compared with $40 billion raised by 330 funds in all of 2016.

James Mi, founding partner of Lightspeed China, said he didn’t consider the cooling capital markets as bad news for investors and entrepreneurs.

With less of a “bubble,” Mi said the chances for startups with good products and strong teams to succeed were higher.

“It will be more difficult for “me-too” companies to raise funds, and thus promotes healthier development of the industry,” Mi told TechNode.

collect
0
Loyd Davis 2019-06-04
img

Over the past year, companies and startups in China’s tech sector have been chilled by what many refer to as a “capital winter”—a significant slowdown in investment and fundraising activities—aggravated by political and economic uncertainties as well as growing caution towards major Chinese tech firms.

A startup report found that a growing number of entrepreneurs in China expect fundraising to be more difficult in 2019, due in part to government efforts to reduce financial risk.

Earlier this month, Reuters reported that venture capital firm Sequoia Capital China was planning to lay off up to 20% of its investment staff, which the company shrugged off by saying that regular review of its workforce may result in personnel adjustment.

“While the rate of capital raising and deployment is slowing, it is far from being depressed,” said William Clarke, senior communications manager at financial data provider Preqin.

VC fundraising and tech-focused VC in China has indeed seen a slowdown since 2016.

“Looking ahead, while deal activity in 2019 so far has not kept pace with last year,” Clarke said, “we estimate that Asia-focused venture capital firms more generally have about $95 billion in capital they’ve already raised that they are waiting to deploy.”

collect
0
Eric Grunau 2016-11-07

For the second time in three years, firm recognized globally for consistently producing top net returns TORONTO– BUSINESS WIRE –November 7, 2016– Wellington Financial LP, a privately-held specialty finance firm, today announced the firm was named to U.K.-based Preqin s Most Consistent Top Performing Private Debt Fund Managers list for 2016.

This is the second time in three years that Preqin has named Wellington Financial as a Most Consistent Top Performing Fund Manager.

Pension plan CIOs and entrepreneurs alike care about consistency, and the Wellington team is gratified to receive this acknowledgement from one of the world s leading sources of data and intelligence within the alternative asset industry.

This designation recognizes our team s ability to consistently provide great results for our investors for more than 15 consecutive years, said Mark McQueen, President and CEO, Wellington Financial.

Preqin s annual list named Wellington Financial, along with thirteen other private debt funds, for consistently generating 1st and 2nd quartile returns for their investors since inception, from a database of 140 different global managers managing 231 different funds.

Fund managers need to have raised multiple funds in the same strategy to be eligible for consideration by Preqin.

Janet Gaines 2019-10-16

Venture capital funds from East Ventures (EV), Openspace Ventures, Vickers Venture Partners, and Golden Gate Ventures have been named by investment data provider Preqin as the top performers in Southeast Asia, Tech in Asia has learned.

(Disclosure: EV is an investor in TIA.)

Only funds launched between 2009 and 2015 were considered for the rankings, which includes self-reported data from VCs and limited partners – the investors in those funds.

Preqin’s data, however, covers just 12% of funds in Southeast Asia, says Kam Ee Fai, the company’s head of Asia operations.

Regardless, Preqin’s “global benchmarks are used as the gold standard in the industry,” Kam adds.

The “net” here refers to the profit that’s left after deducting management fees and carry (or the fund manager’s share of the returns).

Mary Jones 2019-08-19

Singapore-based venture capital firm East Ventures has been named one of the most “consistent top performing venture capital fund managers” in the world in the latest report by research company Preqin.

The firm ties with US-based VCs Benchmark Capital, G Squared, and Merus Capital, along with Hong Kong-based Click Ventures.

The five companies had three out of three of their investment funds in the top quartile.

“East Ventures is also the only VC company from Southeast Asia to get the prestigious title,” said the firm in a statement.

Since it was founded in 2010, the early-stage VC claims to have invested in over 400 startups from Indonesia, Singapore, Japan, Malaysia, Thailand, and Vietnam.

It has also backed unicorns like Tokopedia and Traveloka.

David Bierman 2019-01-04
img

Early-stage venture firm Lightspeed China Partners (LCP) announced on January 3 the closure of its fourth and largest-ever fund for China, with a combined committed capital of $560 million.

Lightspeed China’s current funding comes as China’s venture capital party begins to quiet after an exuberant 2018.

Around 70 China-focused venture funds raised just over $15 billion in first 11 months of 2018, according to a study released by data provider Preqin and Insead business school, a significant drop as compared with $40 billion raised by 330 funds in all of 2016.

James Mi, founding partner of Lightspeed China, said he didn’t consider the cooling capital markets as bad news for investors and entrepreneurs.

With less of a “bubble,” Mi said the chances for startups with good products and strong teams to succeed were higher.

“It will be more difficult for “me-too” companies to raise funds, and thus promotes healthier development of the industry,” Mi told TechNode.

Gaston Alexander 2018-04-10
img

The startup craze fosters a growing appetite for venture capital firms in the country.

Greater China attracted $65 billion, or 36 % of the total global venture capital in 2017, next only to US’s $76.4 billion, figures from data service Preqin show.

Getting the initial funds is perhaps the most important step when building a company from scratch.

However, angel investors can be a confusing crowd with different industry focus and style.

After getting a PhD in computer science in 1988, Lee worked as top management for Apple, Microsoft, and Google.

He now serves as the founder and CEO of Sinovation Ventures, an accelerator/VC formerly known as Innovation Works.

Brian Plymel 2021-06-29
img
Nontraditional investors, which include anyone outside of traditional VC firms investing in venture capital deals, are increasingly making their presence felt in the investing community.
Ruth Reed 2019-03-11
img

Softbank has launched a new global tech fund with up to $500m (£384.68m) to pour into early-stage startups.

The Japanese telecoms giant could launch the Softbank Acceleration Fund as early as next month, according to Reuters.

The new fund - a rebrand of Seoul-based SoftBank Ventures Asia, is around five times the size of comparable funds launched last year, data from Preqin suggested.

While Softbank’s $100bn Vision Fund focuses on providing cash to late-stage startups, this one will focus on companies at a much earlier stage of growth that are still trying to get their ideas off the ground.

“It’s an important signal within the Softbank Group that Softbank thinks early-stage investments are important and will make continued efforts on them,” said JP Lee, the fund’s boss.

When he secured a green light to start the new fund last October, Softbank chief executive Masayoshi Son asked him why they should invest in early-stage startups.

Loyd Davis 2019-06-04
img

Over the past year, companies and startups in China’s tech sector have been chilled by what many refer to as a “capital winter”—a significant slowdown in investment and fundraising activities—aggravated by political and economic uncertainties as well as growing caution towards major Chinese tech firms.

A startup report found that a growing number of entrepreneurs in China expect fundraising to be more difficult in 2019, due in part to government efforts to reduce financial risk.

Earlier this month, Reuters reported that venture capital firm Sequoia Capital China was planning to lay off up to 20% of its investment staff, which the company shrugged off by saying that regular review of its workforce may result in personnel adjustment.

“While the rate of capital raising and deployment is slowing, it is far from being depressed,” said William Clarke, senior communications manager at financial data provider Preqin.

VC fundraising and tech-focused VC in China has indeed seen a slowdown since 2016.

“Looking ahead, while deal activity in 2019 so far has not kept pace with last year,” Clarke said, “we estimate that Asia-focused venture capital firms more generally have about $95 billion in capital they’ve already raised that they are waiting to deploy.”