Walkers Advises Venture Capital Firm Openspace Ventures on its Launch of Third Southeast Asia Fund

Walkers acted as Cayman Islands counsel to Singapore-based Openspace Ventures in connection with the launch of its third Southeast Asia fund, Openspace Ventures III, L.P., which has final closed with total subscriptions accepted at its hard cap of $200 million.

Established in 2014, the Singapore-based venture fund manager is a pioneer in the Southeast Asia region and makes investments in early-stage technology companies based in Southeast Asia.

The Walkers team was led by Singapore-based Timothy Stevens, Thomas Granger and Michael Kenny, with regulatory support from Alice Molan (Hong Kong) and finance support from Richard Siddle (Singapore).