Comments (23)

 
Feb 18, 2014 - 10:02pm

Google is your best friend mate. SVCA has a list of them; I'm assuming you're not looking for SG-based firms, that would be a little more complex.

============================================================= Pursue Excellence, and Success will chase you, pants down.
 
  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Mar 3, 2017 - 2:54am

PE shops in Singapore (Originally Posted: 02/06/2008)

I realize that many well-known PE firms have offices in Singapore. Can someone tell me how extensive these offices are (do they actually handle deals and do meaningful work or are they merely insignificant satellite offices)?

If I initially work in banking in Singapore, are there good opportunities in PE?

I had previously discounted my Singapore offer for NY, but, after getting the paperwork... the offer is a lot more attractive than I initially thought...

Thanks!

 
Mar 3, 2017 - 2:55am

I find it difficult to see how "insignificant satellite office" would function in PE. So you can rest assured that PE offices in Singapore are fully functioning offices.

As for whether there are good opportunities available, you have to understand that the PE industry in Singapore is very small and recruiting is more "discrete". Most teams are quite lean and there isn't a formal recruiting structure with X number of positions that need to be filled each year. That said, there won't be a herd of analysts graduating out of their 2 year programmes every year either as internal promotion has always been more prevalant in the Asian banking offices. In fact, most hires at PE offices are likely to have had >2 year experience even at the most junior levels.

There's been a build-up in staffing over the past couple of years in anticipation of increased deal activity and you even have people like Carlyle which shut down its Singapore office a few years ago reopening an office.

You also need to understand that transaction sizes in Southeast Asia are going to be smaller. Most transactions out here (even the ones by mega-shops like Carlyle and TPG) would be considered mid-cap.

 
Mar 3, 2017 - 2:58am

PE in Singapore is very well developed and their are a lot of big offices. There's also a lot of pension consultants, insurance company investment arms, fund of funds, and other type offices set up there... often times as a base of Asian operations used for screening fund managers in China, India, etc... When my firm was raising a fund (our operations are in China) many of the people that came to meet the team and eventually to invest in our fund were sent from their company's singapore offices.

PWM is also very big there - along with HK it is pretty much the biggest place in Asia for that.

 
Mar 3, 2017 - 2:59am

International Pymp:
PE in Singapore is very well developed and their are a lot of big offices. There's also a lot of pension consultants, insurance company investment arms, fund of funds, and other type offices set up there... often times as a base of Asian operations used for screening fund managers in China, India, etc... When my firm was raising a fund (our operations are in China) many of the people that came to meet the team and eventually to invest in our fund were sent from their company's singapore offices.

PWM is also very big there - along with HK it is pretty much the biggest place in Asia for that.

Thanks, and what's the best way to get a list of such HF/PE shops? specifically in the area of alternative investment? Im trying to look for an internship opportunity.

 
Mar 3, 2017 - 3:04am

A lot of interest in oil & gas, particularly in the ancillary services area. There's an education business up for auction at the moment which has got a few PE funds bidding. Otherwise, most Singapore stuff is looking out at South and Southeast Asia, which is mostly a difficult market at the moment unless you're getting into the newly emerging countries (more VC like, eg Burma), the long-time emerging (eg Laos and Cambodia) or slightly down the road (Vietnam).

Regardless of the market, the accents of Singaporean and Malaysian Chinese speaking English are terrible in Singapore. World's worst English accent, beating even the South Africans.

Those who can, do. Those who can't, post threads about how to do it on WSO.
 
Mar 3, 2017 - 3:05am

As SSits said, there are quite a few shops focused on investments around 10MM on small-cap SEA companies. From experience, though these are based in SG, many of them are set up by European or American ex-IB or PE professionals. Most of the attention at the moment are mainly on emerging markets, I'm not too sure which industries are hot at the moment though.

And the whole thing about the accents is bull, Singaporeans speak perfect English, even if it is slightly accented.

============================================================= Pursue Excellence, and Success will chase you, pants down.
 
Mar 3, 2017 - 3:09am

Hm yeah all Singaporeans speak some degree of English (it's the first language of post-WW2 babies). If you're around 70 years old in 2014, you'd be part of the generation where only the lucky ones who got a full run of education spoke good English.

If you're a 40-60 years old Singaporean and part of the middle class, your English is good, but the accent probably can't pass muster as fully intelligible by Western standards.

If you're mid-30s and below and from the better schools then very probably your English is better than most American teens/young adults (though I'm benchmarking against all the web comments from Americans).

Depends on the crowd you're hanging with!

 
Mar 3, 2017 - 3:10am
Those who can, do. Those who can't, post threads about how to do it on WSO.
Start Discussion

Popular Content See all

Girlfriend vs PE
+101PEby Investment Analyst in Private Equity - Growth Equity">Investment Analyst in PE - Growth
First year analyst, still feel incompetent and like I haven’t learned anything
+33IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Friends in IB are chilling hard, how can I get this?
+21IBby 3rd+ Year Associate in Private Equity - LBOs">Associate 3 in PE - LBOs
Q&A: Associate at MM Private Equity fund
+18PEby 1st Year Associate in Private Equity - LBOs">Associate 1 in PE - LBOs

Total Avg Compensation

January 2021 Private Equity

  • Principal (6) $693
  • Director/MD (15) $627
  • Vice President (58) $366
  • 3rd+ Year Associate (60) $272
  • 2nd Year Associate (116) $246
  • 1st Year Associate (250) $224
  • 3rd+ Year Analyst (23) $162
  • 2nd Year Analyst (57) $138
  • 1st Year Analyst (163) $119
  • Intern/Summer Associate (18) $71
  • Intern/Summer Analyst (178) $59

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.7
6
frgna's picture
frgna
97.6
7
Edifice's picture
Edifice
97.5
8
Addinator's picture
Addinator
97.5
9
bolo up's picture
bolo up
97.5
10
NuckFuts's picture
NuckFuts
97.5