How Secondary Markets are Redefining Startup Liquidity in 2025

Private equity secondary market

For years, the IPO has been the golden ticket. But in 2025, the tide has turned. Sophisticated secondary markets are intervening to give early employees, founders and investors the liquidity window they’ve been waiting for without relying on public markets that could take years to reopen.  The private equity secondary market is becoming the pressure […]

Bridge Round Explained for Angel Investors Syndicates and Venture Funds

Bridge round

A bridge round used to be the private market’s quiet signal and a term often whispered only when a startup needed an extra six months of runway. But today, the capital landscape is more tactical and less linear, and this interim financing has transformed from a yellow flag to a valuable instrument for value creation. […]

Are VCs the New Investment Bankers Controlling Startup Liquidity?

VCs as investment bankers

Startup liquidity used to follow a predictable path. Raise capital, grow, and aim for an IPO or acquisition years down the road. But today’s market looks different. Exits are slower, private rounds stretch longer, and founders and early employees need liquidity long before an official exit, a shift that’s now fueling conversations about how VCs […]

What’s the Difference Between Venture Debt and Private Credit

Venture Debt vs Private Credit

Capital in private markets continues to evolve. Founders and investors now have more strategic ways to finance growth, and these two powerful financing options are gaining traction: venture debt and private credit.  Both promise flexibility, faster access to funds, non-dilutive capital and less dependence on traditional banks, and yet they work very differently in practice. […]

Where’s the Liquidity? Secondaries, IPOs, and M&A are Reviving Private Markets in 2025

liquidity in private markets

For years, converting paper gains into cash has been challenging for investors, who often wait for exits that rarely materialize. Liquidity in private markets remains scarce. In 2025, this picture is starting to change, with early green shoots emerging. From secondaries and continuation vehicles to standout IPOs and megadeals, innovative routes are springing open. Here’s […]

How to Launch a Syndicate in Asia Using an SPV?

SPV for syndicate launch

For many investors launching a syndicate in Asia, it is crucial to have the right structure and execution right from the very beginning. That’s where a Special Purpose Vehicle (SPV) comes in, with its fast, compliant process for pooling capital, onboarding investors and moving on deals with efficiency and clarity.  In this article, we’ll walk […]

How Much to Launch an SPV in Singapore and How Long It Takes

how much to launch an SPV

Launching a deal shouldn’t feel like starting a fund. Many investors now use SPVs, a faster and more flexible way to pool capital for a single opportunity. In Singapore, SPVs have become the go-to structure for cross-border syndicates and emerging fund managers seeking speed without incurring heavy setup costs or complexity. Still, one question always […]

How Global Investors Access Singapore SPVs: The Complete Guide

SPV for Non-Singapore investors

Singapore is fast becoming the launchpad for global investors looking to tap into Asia’s thriving startup scene. Syndicate leads and angels abroad may often ask: Can non-Singaporean investors participate in Singapore SPVs? The answer is yes, and the process is more straightforward than many think. This article explains how SPVs for non-Singapore investors work, key […]

Is a Singapore SPV Tax-Efficient for Global Investors? The Full Analysis

Singapore SPV tax efficiency

Singapore has become one of the most attractive jurisdictions for structuring investments, primarily through the use of Special Purpose Vehicles (SPVs). For global investors, the draw goes beyond reputation. The real value lies in Singapore SPV’s tax efficiency. In this article, we examine how Singapore SPVs offer tax efficiency for global investors, highlighting their advantages, […]

What is a Debt SPV and How Does it Work?

What is a Debt SPV

A startup needs a quick bridge round. Instead of setting up a full-fledged fund, investors pool their capital into a lean, purpose-built vehicle that issues short-term loans. The deal gets done fast, risks stay contained, and everyone knows exactly where they stand. That’s the power of a Debt SPV. In this article, we’ll unpack what […]