Firms hit by Covid draw family investor capital
While Covid-related businesses, such as those in healthcare, have received capital, other sectors have been losing out — and flexible private capital can fill in these gaps.
The Covid-19 pandemic has had a significant impact on the level of investment support for businesses in Asia — in some ways, it has driven investment to areas of greatest need, like the healthcare sector. However, family offices have expressed their concerns for other sectors in need of impact investment.
“Covid has caused so much uncertainty for businesses,” Cheong Wing Kiat, principal of the Singapore-based Wen Ken family office, told AsianInvestor.
Businesses have been forced…
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