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DBS and Granite Asia launch $110M AI IPO fund for wealthy clients, offering early access to AI company listings in Asia and Europe.
DBS Group and Singapore-based Granite Asia have launched an $110 million AI-focused IPO fund exclusively for DBS wealth clients, marking the first product under their three-year partnership.
The fund provides early access to IPOs of AI-driven companies across Asia and Europe, aiming to boost capital access for high-growth startups.
DBS will support the initiative with corporate and investment banking services, while Granite Asia, managing $10 billion in assets, brings a track record of 65 global IPOs and strong returns.
The collaboration reflects rising capital flows into Asia and seeks to strengthen the region’s innovation ecosystem.
DBS y Granite Asia lanzan un fondo IPO de AI de $ 110M para clientes adinerados, ofreciendo acceso temprano a las listas de compañías de AI en Asia y Europa.