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Chu Swee Yeok
Chu Swee Yeok, former CEO of Singapore’s state-owned EDBI, has teamed up with the current and former executives of the VC fund to launch a new investment firm called August Global Partners (AGP).
A multi-stage global fund, August Global Partners, kicks off with an initial US$250 million.
The VC firm introduced two key commercial funds: a continuation fund and a new healthcare-focused fund, according to Yeok.
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“Thrilled to announce the founding of a new investment firm, August Global Partners (AGP), with my former colleagues from EDBI. We are kicking off with two commercial funds – a Continuation Fund and a new Healthcare Fund. Having been deeply involved initially with laying of the foundations and subsequently nurturing the growth of the biomedical industry in Singapore, I am excited to continue the journey at AGP. Looking forward to working with our strategic partners on new healthcare opportunities that will shape and transform the sector,” Yeok said in a LinkedIn post.
Yeok is currently the Senior Advisor of EDBI and the Chair and Founding Partner of August Global Partners. She has over three decades of experience in management, strategy development, and making direct investments in early-to-growth and late-stage companies. She has experience investing in Singapore and globally in diversified sectors of digital, financial services, frontier engineering and manufacturing technologies, sustainability, healthcare and other fast-growing industries.
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Yeok departed from her role as EDBI’s CEO on February 1.
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The post EDBI’s ex-CEO Chu Swee Yeok launches US$250M fund August Global Partners appeared first on e27.
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