Koh Boon Hwee, investment veterans launch South-east Asian VC

Singapore

A NEW venture capital firm by five private capital veterans, including businessman Koh Boon Hwee, is raising an inaugural fund of over US$100 million to capture early-stage opportunities in South-east Asia.

Called Altara Ventures, the fund is led by five blue-chip general partners: Credence Partners' Mr Koh, Tan Chow Boon and Seow Kiat Wang, as well as venture capitalists Dave Ng and Gavin Teo.

"Altara" is derived from "altitude" and "nusantara" - the Bahasa word referencing maritime South-east Asia. The name reflects an "aspiratio…

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