Tembusu, Partners Plan $100M Chinese Media Fund

Dec 10 2014 | 11:43am ET

Singapore private equity fund Tembusu Partners is teaming with China's Bona Film Group and Sinagapore entrepreneur Calvin Cheng to launch a $100 million Chinese media and entertainment fund.

The fund will be one of the first non-Reminbi dominated funds to invest in China’s media sector, reports Variety.

Fundraising for the closed-end, five-year media fund will be formalized on March 31, 2015, and is expected to include investments from Bona Film and Thailand's Chia Tai Group.

The fund will invest in media companies, content and technologies.

“The existing film and TV co-production agreement between Singapore and China opens up opportunities for the fund to invest in projects that involve Singapore-based media companies. In addition, we will be looking at media companies globally that have a ‘China-story’,” Cheng, executive director and co-founder of Lumina-Looque International, told the paper.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...