Fund Management

What's New In Investments, Funds?

Editorial Staff 8 November 2018

What's New In Investments, Funds?

The latest in funds and investments across Asia-Pacific.

MassMutual Ventures
MassMutual Ventures has set up a $50 million fund making 10 to 15 investments into Asia-based start-ups over the next three years.

MMV SEA, based in Singapore, is targeting Series A and Series B round investments in digital health, fintech, insurtech and enterprise software. MMV SEA's funding is being provided through the general investment account of the parent company Massachusetts Mutual Life Insurance Company.

The latesrt funding brings the total capital under management held by MMV to $250 million. The firm puts money into growth companies in North America, Europe, Southeast Asia and Israel.

MMV SEA, which is based in Singapore, is led by two managing directors – Ryan Collins and Anvesh Ramineni. Prior to joining MMV SEA, Collins was head of Asia at Manulife's LOFT incubator. Ramineni was most recently head of the investments team at OpenSpace Ventures (formerly NSI Ventures), Singapore, where he was a founding member of the firm and led investments in 12 companies. Prior to OpenSpace, he was a TMT investment banker at Citigroup Global Markets in Hong Kong.

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