# PE firms based in Singapore (2026 list)

> 153 PE firms based in Singapore, 7% active in the last 12 months. Led by Altair Capital, GIC, Goldbell Group. Ranked by what they funded.

Source: https://millionrounds.com/lists/pe-firms-based-in-singapore (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# PE firms based in Singapore

Updated 7 November 2026

PE firms headquartered in Singapore.

[See all 153 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-singapore)The top 25

**153** investors on the list No change this week

**46** cheques in 12 months *+3%* against the market

**$21M** median round they joined *+163%* against the market median

**7%** wrote a cheque in 12 months

**8%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (7)

- 1 [Altair Capital](https://millionrounds.com/fund/altair-capital-2) *Deploying now* Private equity · Singapore **196** **$2.9M** median round **Oct 2026** last seen
- 2 [GIC](https://millionrounds.com/fund/gic) *Deploying now* Private equity · Singapore **92** **$200M** median round **Oct 2026** last seen
- 3 [Goldbell Group](https://millionrounds.com/fund/polaris) quiet Growth equity · Singapore **24** **$38M** median round **Oct 2025** last seen
- 4 [GLP](https://millionrounds.com/fund/glp) quiet Private equity · Singapore **9** **$90M** median round **Nov 2019** last seen
- 5 [Singapore Press Holdings](https://millionrounds.com/fund/singapore-press-holdings) quiet Growth equity · Singapore **9** **$20M** median round **Feb 2019** last seen
- 6 [EXS Capital Group](https://millionrounds.com/fund/exs-capital-group) *Deploying now* Private equity · Singapore **6** **$121M** median round **Mar 2026** last seen
- 7 [ACA Investments](https://millionrounds.com/fund/aca-investments) quiet Growth equity · Singapore **5** **$121M** median round **Mar 2020** last seen
- 8 [BioVeda Capital](https://millionrounds.com/fund/bioveda-capital) dormant Growth equity · Singapore **5** **$11M** median round **Mar 2013** last seen
- 9 [Dragon Fund](https://millionrounds.com/fund/dragon-fund) *Deploying now* Growth equity · Singapore **5** **$147M** median round **Apr 2026** last seen
- 10 [Tembusu Partners](https://millionrounds.com/fund/tembusu-partners) quiet Private equity · Singapore **5** **$60M** median round **Nov 2018** last seen
- 11 [Hera Capital](https://millionrounds.com/fund/hera-capital) quiet Private equity · Singapore **4** **$2M** median round **Nov 2014** last seen
- 12 [65 Equity Partners](https://millionrounds.com/fund/65-equity-partners) *Deploying now* Private equity · Singapore **3** **$188M** median round **Jul 2026** last seen
- 13 [Frontline Strategy](https://millionrounds.com/fund/frontline-strategy-limited) quiet Private equity · Singapore **3** **$850K** median round **Feb 2014** last seen
- 14 [Serendipity Capital](https://millionrounds.com/fund/serendipity-capital) *Deploying now* Private equity · Singapore **3** **$13M** median round **Oct 2026** last seen
- 15 [3V SouceOne Capital](https://millionrounds.com/fund/3v-souceone-capital) quiet Growth equity · Singapore **3** **$27M** median round **Dec 2006** last seen
- 16 [Chartered Group](https://millionrounds.com/fund/chartered-group) quiet Growth equity · Singapore **2** **$15M** median round **Feb 2019** last seen
- 17 [Everstone](https://millionrounds.com/fund/everstone-capital) quiet Private equity · Singapore **2** **$21M** median round **Nov 2015** last seen
- 18 [HICO](https://millionrounds.com/fund/hico) *Deploying now* Private equity · Singapore **2** **$93M** median round **Oct 2026** last seen
- 19 [Mandala Capital](https://millionrounds.com/fund/mandala-capital) quiet Private equity · Singapore **2** **$22M** median round **May 2014** last seen
- 20 [Northstar Group](https://millionrounds.com/fund/northstar-group) quiet Private equity · Singapore **2** **$35M** median round **Oct 2019** last seen
- 21 [Phillip Private Equity](https://millionrounds.com/fund/phillip-private-equity) quiet Private equity · Singapore **2** **$9M** median round **Nov 2013** last seen
- 22 [Rigel Capital Management](https://millionrounds.com/fund/rigel-capital-management) quiet Growth equity · Singapore **2** **$14M** median round **Apr 2025** last seen
- 23 [Silicon Straits](https://millionrounds.com/fund/silicon-straits) quiet Private equity · Singapore **2** **$530K** median round **Sept 2013** last seen
- 24 [Heritas Capital](https://millionrounds.com/fund/heritas-capital) quiet Private equity · Singapore **2** **$50M** median round **Dec 2019** last seen
- 25 [Springboard-Harper](https://millionrounds.com/fund/springboard-harper) quiet Growth equity · Singapore **2** **$11M** median round **May 2004** last seen

**128 more on this list**

All 153 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-singapore)

## The Newest Cheques

Rounds this list's investors joined most recently

- **28** Oct **[Wealthsimple](https://millionrounds.com/company/wealthsimple)** Growth · $425M *Led by* [GIC](https://millionrounds.com/fund/gic)
- **28** Oct **[Wealthsimple](https://millionrounds.com/company/wealthsimple)** $302M *Led by* [GIC](https://millionrounds.com/fund/gic)
- **27** Oct **[Stryv](https://millionrounds.com/company/stryv)** Series B · $12M *With* [OCTAVE Capital](https://millionrounds.com/fund/octave-capital)
- **22** Oct **[Skyfly Technologies](https://millionrounds.com/company/skyfly-technologies)** $10M *Led by* [HICO](https://millionrounds.com/fund/hico)
- **22** Oct **[QuantrolOx](https://millionrounds.com/company/quantrol-ox)** Series A · $13M *With* [Serendipity Capital](https://millionrounds.com/fund/serendipity-capital)
- **14** Oct **[Intellivisa](https://millionrounds.com/company/intellivisa)** Pre-seed · $3M *With* [Altair Capital](https://millionrounds.com/fund/altair-capital-2)

## Stages This Year

46 rounds

- Growth **28%**
- Seed **13%**
- Other **13%**
- Series B **9%**
- series_f **7%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **21**
- Fintech **10**
- Developer Tools **4**
- Defence Tech **3**
- Big Data & Analytics **3**
- Data Infrastructure **3**

## Cheques by Quarter

Led Joined

8 Q1 25

10 Q2 25

16 Q3 25

14 Q4 25

11 Q1 26

10 Q2 26

11 Q3 26

9 Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about PE firms based in Singapore

### Who are the most active PE firms based in Singapore?

By cheques observed, the most active are Altair Capital, GIC, Goldbell Group, GLP and Singapore Press Holdings.

### How many PE firms based in Singapore are there?

153 are on record. 7% made an investment in the last 12 months and 8% have led a round.

### Which stages do PE firms based in Singapore back?

Of the rounds with a named stage in the last 12 months, mostly Growth (42%) and Seed (19%).

### How big are the rounds PE firms based in Singapore join?

The typical (median) round among the leading investors here is $22M.

### Which sectors do PE firms based in Singapore back most?

In the last 12 months, mostly AI, Fintech and Developer Tools.

### Which PE firms based in Singapore lead the most rounds?

GIC (17 led), EXS Capital Group (5 led) and GLP (3 led).

### What have PE firms based in Singapore invested in recently?

Recent rounds include Wealthsimple (Oct 2026, with GIC), Stryv (Series B, Oct 2026, with OCTAVE Capital) and Skyfly Technologies (Oct 2026, with HICO).

### How is this list of PE firms based in Singapore ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
