Singapore’s EDBI spins out fund manager August Global Partners with $250m AUM

Singapore’s EDBI spins out fund manager August Global Partners with $250m AUM

FILE PHOTO: A view of the skyline in Singapore, January 27, 2023. REUTERS/Caroline Chia/File Photo

EDBI, the corporate venture capital arm of the Singapore Economic Development Board, has spun out an independent fund management company called August Global Partners to look at venture- to growth-stage investments.