By Kristie Neo
The final close, which took place in May this year, comes nearly two years after the firm kicked off its fundraising process.
The joint venture will transform the 3.7-hectare site into an integrated community hub with 700 residential apartments.
Founded by Murli Ravi, Jeremy Tan and Benjamin Tan in March this year, Tin Men targets post-series A investments in the B2B technology space.
Noble’s market capitalization stands at $115 million. At its peak in 2011, the company was valued at $11.7 billion.
The Singaporean state firm has been gradually exiting its positions in U.S. lenders as it focuses more on fintech and other new-economy investments.
Founded in 2014, Alpha7 is looking at regional expansion mainly to Malaysia, Indonesia, and Thailand.
The latest deal could value the three-year-old e-commerce startup at over $500 million.
Online streaming platform iflix has tied up with global content platform Wattpad to co-produce original movies based on Wattpad stories from Indonesia.
So serious is the problem that succession planning has taken off as an industry in Singapore and elsewhere in Asia, with everyone from PE funds to M&A consultants vying to help companies transition to the next generation.
Jugnoo will team up with Kardi, a Singapore-based ride-hailing startup, and provide it with tech and engineering support.