Dear Members and Partners,
It is with great pleasure and enthusiasm that I extend my warmest greetings to each and every one of you. As we embark on another exciting chapter in the dynamic world of investment, I am honoured, as one of the long serving members of the SVCA Board and as the Vice-Chairman, to be elected as the new Chairman of the Singapore Venture and Private Capital Association (SVCA) for the next two-year term.
As the common voice of the private capital ecosystem, SVCA has played a crucial role in promoting the growth and development of the venture capital and private equity industry in Singapore since its founding in 1992, fostering an environment that nurtures innovation, entrepreneurship, and sustainable economic progress. Our collective efforts have not only enhanced the investment landscape in Singapore but have also contributed significantly to the region's economic prosperity.
Over the years, the SVCA has consistently been a catalyst for change, supporting startups, emerging companies and matured businesses by connecting them with capital, expertise, and networks. Through our numerous initiatives, we have empowered entrepreneurs and fund managers to turn their groundbreaking ideas into transforming businesses that have made a lasting impact on industries and societies.
As we navigate the ever-evolving landscape of investments, we are faced with both unprecedented challenges and exciting opportunities. The global economy is undergoing profound shifts, and technological advancements continue to disrupt traditional business models. It is in times like these that the SVCA's role becomes even more crucial. We must stay agile, adaptable, and forward-thinking to navigate the changing tides and seize the emerging prospects.
In line with our commitment to excellence, the SVCA remains dedicated to fostering collaboration among our members, promoting best practices, and upholding the highest standards of professionalism. By providing a platform for knowledge sharing, networking, and partnership building, we strive to create an ecosystem that encourages innovation, drives growth, and ensures long-term success for all stakeholders. Please do check out our various committees, resources and lookout for our exciting events. We are hoping these are useful and relevant for our members. The success of an association is intrinsically the sum product of the engagement of its members. We warmly welcome your feedback and participation.
Our focus extends beyond just financial returns. We recognize the importance of environmental, social, and governance (ESG) considerations in driving sustainable investments. As stewards of capital, we have a responsibility to contribute positively to society, support diversity and inclusion, and embrace ethical and responsible investment practices. The SVCA will continue to champion these values and actively promote the integration of ESG principles into our industry. SVCA has also been an active supporter of social initiatives like Makan for Hope.
I am excited about the opportunities that lie ahead and confident in the collective strength and expertise of our members. Together, we will shape the future of venture capital and private equity in Singapore, propel innovation, and create enduring value for our portfolio companies, investors, and the broader community.
I would also like to express my appreciation for Sanjay Gujral, my predecessor for his contributions as the Chairman of SVCA from 2021-2023. Under Sanjay's chairmanship, the SVCA started several new initiatives and accomplished many milestones. As the new Chairman, I hope to continue to build on this foundation, and maintain a clear vision of what we can achieve together in the years to come.
I would like to express my deepest gratitude to all the SVCA Board Members, our industry members, and our partners for their unwavering support and commitment. I would also like to thank the staff of the SVCA Secretariat for their essential contribution to the Association’s work. Your dedication to our shared vision is the driving force behind our success. In closing, I invite all members to actively engage with the SVCA, share your insights, and collaborate in shaping our industry's future. Let us continue to build on our achievements, adapt to change, and embrace the transformative power of private capital.
Thank you, and I look forward to an exciting journey together.
Chairman, Singapore Venture and Private Capital Association