Chartwell Capital has launched a new investment vehicle structured as a Singapore Variable Capital Company (VCC), in collaboration with its onshore strategic partner, Tembusu Partners.
The new VCC is a feeder fund that will invest into the Hong Kong-domiciled Chartwell Asia Pacific Income fund, which focuses on Asian listed companies with high cash flow yields and that are often majority-owned by the founding families.
At launch, Chartwell Capital said it had gained the backing of several Singaporean families and institutions, including Tembusu Partners. They will co-invest alongside its existing network of over 50 Hong Kong-based families and institutions via the Chartwell Asia Pacific Income Fund.
Through its investments, Chartwell Capital aims to support Asian family-backed listed companies, while creating real value for our investors, the firm said.
Ronald Chan, founder and chief investment officer of Chartwell Capital, commented: “We are pleased to introduce this new vehicle in partnership with Tembusu Partners, which will make it easier for Singaporean investors to invest in our strategy. We remain confident that our focus on family-backed listed companies will deliver both income and stability for our investors.”
Andy Lim, founder and chairman of Tembusu Partners, added: “We are excited to strengthen our partnership with Chartwell Capital and believe this new VCC fund offering is highly attractive for investors looking for balanced growth and income.”
Founded in 2007, Chartwell Capital is an independent, Hong Kong-based investment firm that focuses on Asia Pacific. The company favours family-controlled, small- to mid-capitalisation companies and places an emphasis on collaborative engagement with its portfolio companies. The company currently serves institutional clients such as endowment and pension funds, charitable foundations, family offices, as well as high-net-worth individuals.
Tembusu Partners is a licensed entity in Singapore (CMS for fund management) and China (QFLP license), specialising in a range of investment strategies, including private and public equity, private debt, venture building, fund management through VCC structures, and wealth management for high-net-worth individuals and family offices. opportunities to navigate and capitalize on dynamic market trends.
