True Global Ventures Granted CMS Licence Beyond Venture Capital Fund
Singapore-based True Global Ventures 4 Plus Pte. Ltd. (TGV) has received a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), allowing the firm to expand its regulated fund management activities beyond venture capital.
With the new licence, TGV is now officially recognised as a Licensed Fund Management Company (LFMC) for accredited investors. The approval strengthens its standing as a global venture capital firm while highlighting its commitment to governance, compliance, and investor protection.
Broadening investment strategies
The CMS licence enables TGV to diversify its strategies beyond its traditional venture capital mandate. Among the new possibilities are:
- Continuation Funds – extending backing for high-performing portfolio companies while giving investors options for continued exposure to late-stage, pre-IPO businesses.
- Fund of Funds – allocating capital to leading VC managers worldwide to broaden diversification.
- Public Market Investments – selectively investing in listed companies aligned with TGV’s core themes of artificial intelligence and blockchain.
- Crypto Funds – offering institutional-grade exposure to digital assets, leveraging TGV’s experience in blockchain investments.
“This milestone allows us to expand into secondaries immediately and invest more flexibly across our portfolio,” said Beatrice Lion, CEO of TGV.
Founder Dušan Stojanović added that while the new licence creates opportunities to broaden investment vehicles, TGV will maintain its focus on equity funds sized between US$100 million and US$200 million, an area where the firm has historically delivered top-tier returns.
A global venture capital player
TGV has built a reputation for backing entrepreneurs in artificial intelligence, blockchain, and other disruptive technologies. The CMS licence marks a significant step in its growth path, enabling the firm to operate with greater scope while maintaining what it describes as “the highest level of fiduciary responsibility.”
