UOB and CapBridge to offer Asian firms access to private capital

CapBridge’s investment syndication platform will match UOB clients to anchor and accredited co-investors.

UOB and global investment platform CapBridge have inked a deal to offer a range of private capital solutions to private, high-growth companies in Singapore, China, Hong Kong, Indonesia, Malaysia, Thailand and Vietnam as part of an effort to provide companies with access to alternative financing solutions, an announcement revealed.

CapBridge’s investment syndication platform will match UOB’s clients with anchor investors and accredited co-investors, catalysing private capital as a source of funding that aims to help companies to broaden its investor base. An accredited investor is defined as an individual whose net personal assets exceed $2m, whose financial assets exceed $1m or whose income in the last 12 months is not less than $300,000 or a corporation with net assets exceeding $10m.

UOB’s clients can also choose to list a portion of their equity on CapBridge’s affiliate 1exchange (1X), a private securities exchange platform. Regulated by the Monetary Authority of Singapore with a recognised market operator license, 1x enables companies to create and professional investors to access tradeable private equities.

Through 1x, clients will then be able to create a new asset class of tradeable private equities to provide their shareholders with access to flexible financing and liquidity.