JAFCO Asia Formally Renamed JIF Capital

JIF Capital Ltd. (“JIF Capital”), formerly JAFCO Investment (Asia Pacific) Ltd. (“JAFCO Asia”), today formally announced its renaming to JIF Capital, marking the next phase of its development as an independent Asia-focused venture and growth investment platform.

The firm confirmed that its investment team, country leadership and regional structure remain unchanged. JIF Capital will continue operating under the same investment philosophy, governance standards and fund mandates that have guided the platform over the past decades.

JIF Capital is led by Chief Executive Officer Carmen Yuen, formerly a General Partner at Vertex Ventures Southeast Asia and India, and Managing Partner Koichi Saito, previously a General Partner at KK Fund.

The regional leadership team includes:

• Swee Ting Pan – Managing Director. With more than 18 years of investment experience, Swee Ting leads the firm’s Shanghai and Beijing activities and has delivered exits through U.S. IPOs, A-share IPOs and strategic trade sales across Internet, Fintech and Frontier Technology sectors.

• Edward Lee – Managing Director. With over 15 years of investment experience, Edward leads the investment activities in Taipei. He has shaped investment strategies and built high-impact portfolios across Artificial Intelligence, MedTech and Circular Energy.

• Supriya Singh – Senior Director & Head of Investment in Southeast Asia and India. With 14 years of experience leading investments across India, Vietnam, Singapore, Indonesia and Malaysia, Supriya has spearheaded cross-border capital deployment aligned with regional fund mandates. She has worked closely with portfolio company AnyMind since 2017, supporting its acquisition of Pokkt in 2020 and leveraging the firm’s Japan network to contribute to its Tokyo Stock Exchange listing in March 2023.

As part of this transition, the firm has undertaken a structured review of its regional operating model and governance framework, reaffirming its long-term mandate to deploy capital with discipline and insight to create durable value for limited partners across Asian markets.

“The renaming to JIF Capital reflects continuity and institutional evolution,” said Carmen Yuen, Chief Executive Officer. “Our team, strategy and commitment to disciplined capital allocation remain unchanged.”

“We remain committed to long-term partnerships with corporate leaders and institutional investors across Japan and the broader region,” said Koichi Saito, Managing Partner. “Governance, transparency and consistent regional execution continue to define our approach.”

JIF Capital operates independently following its acquisition by Bee Alternatives Management Ltd. and remains headquartered in Singapore.

Leadership Biographies

Carmen Yuen – Chief Executive Officer. Formerly General Partner at Vertex Ventures Southeast Asia and India, with extensive experience in venture capital, portfolio development and institutional fund management across Asia.

Koichi Saito – Managing Partner. Former General Partner at KK Fund, with experience in venture investing, cross-border strategy and institutional engagement across Japan and Southeast Asia.K

Swee Ting Pan – Managing Director. 18 years of investment experience across multiple cycles, with exits via U.S. IPO, A-share IPO and strategic trade sales.

Edward Lee – Managing Director. Over 15 years leading investments, building high-impact technology portfolios across Artificial Intelligence, MedTech and Circular Energy.

Supriya Singh – Head of Investment in Southeast Asia & India. 14 years leading cross-border investments across South and Southeast Asia, with active portfolio support including AnyMind’s Tokyo Stock Exchange listing.