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W Capital Markets launches private equity fund, targets $20 mil by end 2023

Felicia Tan
Felicia Tan • 8 min read
W Capital Markets launches private equity fund, targets $20 mil by end 2023
Otsaw’s founder Ting Ling Ming (left) with W Capital Markets and W Capital Private Equity’s Wayne Lee. Photo: Samuel Isaac Chua/The Edge Singapore
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Wayne Lee, executive chairman and CEO of corporate finance firm, W Capital Markets, has launched a private equity fund, W Capital Private Equity, to complement its existing activities that range from advising M&A deals and IPOs to fundraising.

As a relatively new firm that is founded just over four years ago, W Capital Markets focuses on mid-cap companies within Asia Pacific that have enterprise values of $50 million to $1 billion each, and with plenty of growth potential.

To Lee, the launch of the fund last November comes at an ideal time, especially when there are a lot of private equity deals as well as good, quality companies — including small- and medium-sized enterprises (SMEs) in Singapore that require support.

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