Manila, the Philippines. Photo by Aeron Oracion on Unsplash
Philippines-based Gentree Fund, the investment vehicle of the Sy Family Office, is said to be raising $120-150 million for a new venture capital fund that will invest locally and in Southeast Asia, sources familiar with the matter told DealStreetAsia.
The new fund will focus on early-stage companies up to the Series A stage, the sources, who did not divulge the investors’ names, said.
