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Shakeup at Jelawang as fund eyes new bets
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Shakeup at Jelawang as fund eyes new bets

Leadership change, capital deployment and FoF limits.

Jun 12, 2025
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Shakeup at Jelawang as fund eyes new bets
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Initially I wanted to post something — an unstructured dataset — for founding members via Brainjam, but that’ll be for tomorrow.

Today’s an update on Malaysian fund-of-funds (FoF) Jelawang Capital.

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Jelawang will see a change at helm with CEO Bryan Lim stepping down at the end of this month, according to a statement issued by the firm.

He will step down from his role at Jelawang effective June 30, 2025, and is also expected to leave the FoF’s parent, sovereign wealth fund Khazanah Nasional.

Lim’s departure comes as Jelawang — a vehicle formed from the merger of Mavcap and Penjana Kapital — begins deploying fresh capital to fund managers under its Emerging Fund Managers Programme (EMFP).

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