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Venture Capital Fund in Thailand Earmarks 500 Million Baht.
Byline: Nuntawun Polkuamdee
Aug. 4--One Asset Management, which oversees the SME Venture Capital Fund, expects to lend 500 million baht to small and medium-sized businesses this year.
Lending through the fund will stop at the end of the year. Senior vice-president Karsaemsun Na Ayudthya said the fund would hold another 200 million baht for re-investment.
One Asset was appointed three years ago by the Finance Ministry to oversee the one-billion-baht venture capital fund. The fund has taken share stakes in a number of small firms, with the objective to exit from each investment within ten years through a listing on the Market for Alternative ...
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