- September 7, 2022
- Posted by: Stratford Team
- Category: Economy
Horizons Ventures, the private investment arm of Hong Kong billionaire Li Ka-shing, is diversifying its US-focused portfolio by beefing up deals in south-east Asia while targeting “women-centric” investments in Japan, its co-founder says.
With more than 140 active investments in 17 countries, the company has about one-third of its bets in the US. But the Hong Kong-based group has bolstered its presence in south-east Asia with the launch of a Singapore office earlier this year.
“We have started a south-east Asia cluster with a different focus: we want to see if we could fast-track a lot of new technology into the incumbent manufacturers,” said Solina Chau, the fund’s co-founder and a longtime business partner of Li, in a recent interview with Nikkei Asia.
South-east Asian start-ups raised at least $25.7bn in funding last year — nearly three times that of 2020 — yet deal volume posted a sharp decline in the second quarter of this year…
