Singapore Fundraising Briefing: 2025 Overview

Singapore Fundraising Briefing 2025 | Key Insights

Singapore Fundraising Briefing 2025 | Key Insights
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Singapore may cover only 283 square miles, yet its investors committed US $2.9 billion to new funds in 2025 year-to-date, with more on deck thanks to streamlined rules and a family-office boom. If you raise capital for private equity, infrastructure, private credit, or specialised long-only mandates, the Lion City should be your first passport stamp on any Asia road show. 

At Dakota we keep fundraisers current on every allocator shift through Dakota Marketplace. The highlights below come straight from our latest Metro-Area Review, ready for your outreach planning today.

2025 Game-Changer: Faster Licensing, Friendlier Taxes

In May, the Monetary Authority of Singapore (MAS) shortened approval times for new managers and vehicles, while extending the flagship 13O/13U tax incentives through 2029. Pair those tweaks with the now-mature Variable Capital Company (VCC) structure, and global GPs can launch a Singapore fund in weeks, not months. 

Key takeaway: Use a VCC shell and the updated tax guides to cut time-to-market and signal local commitment.

Snapshot of Singapore’s Allocator Landscape

Investor Type

2025 AUM / Count

What They’re Doing Now

Sovereign Wealth Funds

GIC ~ US $850 B; Temasek US $390 B

Boosting tech, climate and infra; US$200 M ticket to Carlyle Asia VI; US$125 M to BlackRock Global Infra IV

Pensions & Insurers

CPF US $430 B; AIA + Prudential Asia

Renewables push—US$80 M to regional green-power funds in Q2

Family Offices

1,700 + (↑32 % YoY)

40 % average into alts; US$65 M to KKR Asia PE IV; US$25 M to Signum DeFi VC

Private Banks & Wealth Managers

DBS, UOB, OCBC, Citi PB, JPM PB

≥15 new feeders YTD; UOB channelled US$50 M into Vertex SEA VI

Three Trends You Can’t Ignore

1 | Family-Office Surge

Tax incentives and stable politics pulled hundreds of global family groups to the island; their combined firepower now tops US $250 billion. Allocators favour mid-market PE, digital assets, and bespoke credit.

2 | Shift to Alternatives

Allocations to private equity, private credit, and infrastructure keep climbing, while real-estate appetite softens and hedge-fund flows stay flat.

3 | Long-Only Still Matters—Selectively

Public equities remain 27–31 % of institutional portfolios, slightly up from 2024 as GIC leaned into US and Asia tech. Core-plus or ESG-tilted equity mandates continue to win tickets—just expect smaller cheques than in private markets.

Asset Class Scorecard (YTD 2025)

Asset Class

Direction vs 2024

Notable Q2 Deals

Infrastructure

BlackRock Global Infra IV drew US$210 M

Private Equity

Carlyle Asia VI snagged US$380 M local cash

Venture Capital

Vertex SEA VI closed US$350 M

Private Credit

BlueOrchard Asia Impact Fund added US$30 M

Real Estate

Focus shifts to data-centre REITs

Hedge Funds

Flows flat; fee scrutiny high

Digital Assets

Signum Capital raised US$80 M

Long-Only Equity

▲ / →

Modest overweight to US & Asia tech

Fund Categories Winning Capital

  • Private Equity & Growth Buy-out – regional flagships and control-oriented strategies.
  • Infrastructure & Energy Transition – transport, renewables, and digital infra top the list.

  • Private Credit – trade-finance, impact, and Asia mid-market direct-lending funds.

  • Early-Stage Tech Venture – SEA fintech, AI, and consumer-internet plays.

  • Specialist Long-Only Equity – concentrated, ESG-integrated global or Asia ex-Japan mandates.

Success Strategies for Raising in Singapore

  1. Pick the VCC. It is the local default; anything else invites questions.

  2. Start early. Build relationships 9–12 months before opening a round.

  3. Be present. SuperReturn Asia, MAS-sponsored ESG forums, and family-office mixers are worth every mile.

  4. Lead with climate or impact angles. Sovereigns and insurers have clear green targets.

  5. Leverage bank feeders. They turn many small HNW cheques into one clean close.

  6. Report like a public company. Transparent fees and MAS-aligned disclosures shorten diligence.

Final Thoughts

With faster licensing, deep sovereign pockets, and a record number of family offices, Singapore’s allocator market is more liquid, and more competitive, than ever. Whether you target growth buy-outs, energy transition infrastructure, or yield-focused private credit, capital is looking for well-packaged stories backed by clear local compliance.

Dakota Marketplace tracks Singapore allocators and hundreds of verified contacts across sovereign funds, pensions, banks, and family offices. Request a demo to see how we can shorten your Asia fundraising cycle today.

Written By: James Goodman, Head of International