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AI

Malaysia’s Khazanah Boosts VC Ecosystem with New Programs

Nicole Kristine Jovero
Last updated: October 24, 2024 1:07 am
Nicole Kristine Jovero
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  • Khazanah launches programs to boost Malaysia’s VC ecosystem
  • EMP targets local fund managers
  • RMI aims to attract international investors to Malaysia

Contents
Nurturing Local TalentAttracting Global PlayersReady for Takeoff

Nurturing Local Talent

Khazanah Nasional, Malaysia’s sovereign wealth fund, is launching two initiatives to strengthen the country’s venture capital landscape. The Emerging Fund Managers’ Programme (EMP) targets Malaysian general partners raising their first, second, or third fund, regardless of location.

Attracting Global Players

Alongside the EMP, Khazanah is introducing the Regional Fund Managers’ Initiative (RMI). This program aims to entice international fund managers to bolster Malaysia’s innovation ecosystem. Both initiatives are part of the broader National Fund of Funds strategy.

Ready for Takeoff

Set to debut in November 2024, the EMP seeks to build investor confidence by showcasing fund managers poised for regional competition.

These programs signal Malaysia’s commitment to fostering a robust VC environment and positioning itself as a key player in the Southeast Asian startup scene.

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