Since 1988, we had launched a total of 12 direct funds with an aggregate fund size of about US$1 billion invested in more than 300 companies in the US, Europe, Israel and Asia. As of December 2004, 134 of our portfolio companies have either achieved listings on Stock Exchanges in the US, Europe, Taiwan and Singapore, or were acquired by other companies. We also invested in 2 co-managed funds and 86 third-party venture funds.
We aim to add value to our portfolio companies. We help identify cross-border market opportunities, marketing and distribution channels, products, manufacturing partners, and alternative financing sources. We are able to achieve this through:
Our focus and specialized knowledge of technology. We have built up our knowledge by concentrating on investments in this field, and especially in industry sectors such as communications, internet, software, electronics and semiconductors.
Our worldwide network of contacts, which include entrepreneurs, research institutes, industry analysts, angel investors, investment bankers and other venture capital companies.
Our team of experienced investment managers. We have more than 30 investment professionals in our global network of offices. Our team comprises experienced people with multi-disciplinary backgrounds and skills in industry, banking, corporate finance, business development and operations.
Our ability to leverage on our former parent company, Singapore Technologies Pte Ltd (Vertex Group was, until December 2004, wholly owned by STPL). The ST Group's extensive resource of knowledge and contacts complemented that of ours. The ST Group was one of Singapore's largest conglomerates. The Group had diverse businesses including Engineering, Technology, Infrastructure and Logistics, Property and Financial Services. On 31 December 2004, the assets of STPL were transferred to its parent company, Temasek Holdings (Private) Limited in a restructuring exercise.