And here’s your Saturday read.
This continues from yesterday’s short on government-linked investment companies and their VC investments.
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Today’s newsletter zeroes in on the Employees Provident Fund (EPF) and its VC overtures.
Around 2022-2023, the pensions fund hired two Kuala Lumpur-based managers — 500 and Gobi Partners — to run separately managed accounts (SMAs).
I’ll break down the investments and the money deployed and wrap up with a few notes.