Dechert Advises Openspace Ventures Pte. Ltd. on the Final Closing of its Second Venture Capital Fund
August 15, 2018
SINGAPORE, August 15, 2018 – Dechert LLP advised Singapore-based venture capital firm Openspace Ventures Pte. Ltd. in connection with the formation and closing of its second venture capital fund at the hard cap of US$135 million.
Openspace Ventures (formerly known as NSI Ventures) spun out of private equity manager Northstar in May 2018 and focuses on investments in early-stage technology companies in Southeast Asia. Openspace Ventures manages US$225 million of committed capital from a wide range of global and regional institutional investors. Dechert has worked with Openspace Ventures since its inception, including the raising of their first fund.
The Singapore-based Dechert team advising Openspace Ventures is led by financial services partner Dean Collins, and includes associates Claire Bentley and Tiffany Toh.
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Dechert is a leading global law firm with 27 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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