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Heliconia Capital

Growth equity

Singapore · Growth · 22 people tracked

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Investment thesis

Heliconia positions itself as an SME enabler, focusing on promising small and medium enterprises in Singapore and the wider Southeast Asia region and supporting them in scaling into regional or global champions. The firm is entrepreneur-centric and often serves as the first institutional investor in its portfolio companies, understanding founder mindsets and acting as an active partner. It supports companies through multi-layered value creation initiatives and growth levers, taking pride in being an integral part of each company's growth journey toward industry leadership.

Invests inCrypto & Web3Sector AgnosticAsia-PacificSingaporeSingapore

Source: firm website, verified Aug 2, 2026.

Stage
Growth
HQ
Singapore, SG
Instruments
Equity

Team · 22 people

from the firm's website
Cynthia Chia· Board Member & Chief Executive Officer

CEO and board member of Heliconia Capital Management, joining in 2013 from a listed environmental solutions company. Experienced in investments, M&A, portfolio management and corporate treasury. Holds a finance degree from NUS.

Oliver Wong· Board Member & Chief Investment Officer

CIO and board member of Heliconia, joining in 2017 from RHB Securities. Previously spent eight years in private equity with Actis and 3i and earlier in investment banking. Holds degrees from Penn State and Harvard.

Ming Jern Soo· Managing Director, Investments

Managing Director who has worked with around 20 portfolio companies in technology, industrials, consumer and healthcare. Joined Heliconia in 2013 from EDBI and earlier held roles at DSTA. Holds degrees from UC Berkeley, Stanford and NUS.

Derrick Wu· Principal, Investments

Investment Principal who joined in 2023, having previously been an entrepreneur in F&B and services and spent nearly a decade in M&A investment banking at Macquarie and Rippledot Capital. Holds degrees from Imperial College London and University of Liverpool.

Kevin Tan· Senior Principal, Investments

Senior Investment Principal who joined from Partners Group and previously worked at Duxton Asset Management and EDBI. CFA Charterholder with a degree from Cornell.

Yi Xuan Hen· Vice President, Investments

Vice President who joined from Navis Capital Partners, focusing on buyouts across consumer, industrials, services and technology in Southeast Asia. CFA charterholder with an economics degree from NUS.

Adrienne Teh· Board Member

Head of Portfolio and Risk Management at 65 Equity Partners; previously on Temasek's Consumer team and involved in the transformation of Olam. Holds a Bachelor of Commerce from Melbourne.

Celine Chua· Associate, Finance

Finance associate who joined from DP World, previously with Irisnation Worldwide and SP Group. Holds a Bachelor of Commerce from Murdoch University.

Chee Yen Gan· Board Member

Board director of several Singapore entities and former Co-President of Pacific International Lines and CEO of Fullerton Financial Holdings, with prior senior investment roles at Temasek. Chartered Accountant with a degree from NUS.

Eugene Lai· Chairman

Chairman of the Heliconia board with extensive private equity, investment banking and business experience, including senior roles at Southern Capital Group, JP Morgan, The Ascott Group and Carlyle Group Asia. Holds law degrees from Harvard and LSE.

Francis Woo· Board Member

Partner and Chief Corporate Officer at 65 Equity Partners; formerly CFO of Eastspring Investments and Managing Director at TPG. Holds an MBA from Wharton and a BBA from Michigan.

Hong Mui Khoo· Assistant Finance Manager

Assistant finance manager who joined from Pacific Star and previously worked at Oaktree Capital Management and JAFCO Investment. Chartered Accountant with ACCA certification.

Jacinda Lim· HR Manager

Human Resources Manager who previously supported the CEO and Board of Directors and earlier worked as cabin crew at Singapore Airlines. Holds a business degree from SIM University.

Jia Xin Yap· Associate, Finance

Finance Associate who joined from Deloitte LLP's Financial Service Industry segment. Chartered Accountant with ICAEW and a degree from NUS.

Leonard Lim· Assistant Finance Manager

Assistant finance manager who joined from Great Eastern's Investment Accounting team and previously an audit associate at Deloitte Singapore. Holds an accountancy degree from SMU.

Li Sze Yeo· Finance Director

Finance Director who spent over nine years with GMG Global and Halcyon Agri in financial reporting roles and previously audited at KPMG. Chartered Accountant with a degree from NTU.

Min Hein Aung· Analyst, Investments

Investment analyst supporting evaluation, execution and monitoring of private equity investments and portfolio value creation. Holds finance and accountancy degrees from Singapore Management University.

Philip Lee· Board Member

Joined the Heliconia board in 2019; Vice-Chairman of Global Banking at HSBC with 35+ years of banking experience, including country head roles at JP Morgan and Deutsche Bank Singapore. Holds degrees from USC and NYU Stern.

See Yuan Lee· Associate, Investments

Investment associate who joined from PwC Singapore's Deals Advisory Strategic Solutions and Turnaround Group. Holds a degree from NUS.

Ted Tan· Operating Partner

Operating Partner who joined from Enterprise Singapore where he was Deputy Chief Executive. Currently chairman of Q&M Dental Group and a board member of several entities, with prior CEO roles at US and UK companies.

WenBin Tan· Finance Manager

Finance Manager who joined from KPMG Singapore where he focused on private equity and investment management audits. Chartered Accountant with an accountancy degree from Singapore Institute of Technology.

Xi Ning Chin· Senior Associate, Investments

Senior associate who joined from boutique investment firms in private equity, impact investments and equity research. CFA Charterholder and Chartered Accountant of Singapore with a degree from NTU.

Frequently asked questions

What stage does Heliconia Capital invest at?
Heliconia Capital invests at the Growth stage.
What sectors does Heliconia Capital focus on?
Heliconia Capital focuses on Crypto & Web3, Sector Agnostic.
Where is Heliconia Capital located?
Heliconia Capital is headquartered in Singapore, SG.

Images

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