Carey Olsen and Suntera Global, a C.I.-based administrator, have supported TNT Global Capital Pte. Ltd (TNT), a Singapore regulated asset management firm, with the launch of its latest fintech-focused fund, Volcano Investment Limited. Established as a Jersey Private Fund, Volcano Investment recently held its first close and has a fundraising target of USD100m. The fund’s objective is to build a diversified portfolio of high growth potential companies (both early and late stage) across a range of sectors, including those involving disruptive technology such as decentralised finance technology, robotics, electric vehicles, information storage, fintech, and blockchain technology. It will invest globally, but with an emphasis on the Asia-Pacific region. Suntera’s fund services division is acting as designated service provider to Volcano Investment, providing a broad range of administration and regulatory compliance services to the fund, both at launch and on an ongoing basis.
