Investment funds

Advised Singapore-based venture capital firms Alto Partners on the establishment of a new umbrella VCC, Forge Ventures VCC, and in the launch of its inaugural sub-fund, a venture capital fund targeting investment in a "concentrated portfolio" of 15 companies, with a focus on Singapore and Indonesia and the edtech and fintech sectors in particular.

Advised MDI Ventures and Finch Capital jointly in their launch of an early-stage investment fund - Arise. The Arise fund has a target of US$40 million in assets under management and will invest in start- ups in the post-seed to series A stage with an average ticket size of between US$ 250,000 and US$ 3 million.

Advised Anatole Investment Management Limited in its Series D round investment in Shihui Inc., which operates a food community electronic commerce service platform in China, by subscribing Series D preferred shares for a total consideration of US$50 million. 

Advised Anatole Investment Management Limited in the purchase of Series E preferred shares in Bytedance Limited, the parent company of TikTok, from an existing shareholder off the secondary market.

Advised Green Growth Feeder Fund Pte. Ltd., the Singapore-domiciled feeder fund for the Green Growth Equity Fund, an Indian Alternative Investment Fund, and the sponsor, Eversource Management Holdings Ltd. 

Advised Monex Inc. on the establishment of a fund in the Cayman Islands as well as on related Japan regulatory issues.

Represented Mpower Partners Fund, Japan's first environmental, social and governance focused global venture fund, on their launch

Advised Altara Ventures, a technology venture capital firm investing across Southeast Asia investing in pre-A, Series A and Series B stage companies that build innovation solutions in Fintech, Logistics & Mobility, Consumer, Enterprise Software and Deep Tech, Healthcare and Edtech, in Series A fundraising rounds in two Southeast Asian technology start-ups.

Withers has a century of experience in advising high net worth individuals and organizations. So we were pleased to work closely with seven principals of a $1 billion-plus fund to facilitate the most tax-efficient transfer of their interests in a new fund into wealth holding vehicles.