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Khazanah Nasional

Government fund

Kuala Lumpur · Growth–Late Stage · 17 people tracked

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Investment thesis

Khazanah invests with a long-term, disciplined approach across strategic and catalytic sectors both in Malaysia and internationally, aiming to create sustainable and enduring value as a steward of the nation's assets. It actively shapes its portfolio to strengthen resilience, competitiveness and future growth. Beyond financial returns, the fund focuses on building national capabilities, supporting inclusive development, capacity building and nurturing communities so the value created benefits Malaysia and its people over the long term.

Source: firm website, verified Aug 3, 2026.

Stage
Growth–Late Stage
HQ
Kuala Lumpur, MY
Instruments
Equity
Founded
1993
Tracked investments
11
Unicorns
1

Team · 17 people

from the firm's website & curated
Amirul Feisal Wan Zahir· Managing Directorin

Founder mafia

4 people who came through Khazanah Nasional went on to found or lead other companies.

What they invest in

from 9 of 11 portfolio companies

Construction Tech ×4PropTech ×3Digital Health ×2Enterprise Software ×2Healthtech ×2Impact & Social Good ×2Advanced Manufacturing ×1Cloud Computing ×1

HQs:Malaysia×10China×1

Investments · 11 tracked

founders shown can be your intro path
Ant Financialantgroup.cominMay 2018 · $10B

Chinese fintech group, formerly Ant Financial, that operates Alipay and related payment, lending, wealth and insurance services.

Hangzhou, CN

Co-investorsAccess Technology VenturesCoatue ManagementFJ LabsJDACPrimavera Venture Management LimitedWarburg Pincus+6 more

Axiataaxiata.comin𝕏

Axiata is a telecommunications and digital company operating a portfolio of digital telcos, infrastructure assets, and technology businesses across Asia.

Cloud ComputingDigital HealthEnterprise SoftwareSector Agnostic

Co-investorsIFCInternational Finance Corporation

Cimbcimb.comin𝕏

CIMB Group is a banking and financial services group offering products for individuals and businesses.

Fintech

Ihhhealthcareihhhealthcare.comin

IHH Healthcare is one of the world's largest private healthcare services providers, operating an integrated network of 89 hospitals across 10 countries.

Digital HealthHealthtechMedical Devices

Iskandarinvestmentiskandarinvestment.comin

Iskandar Capital is a property development company that builds sustainable integrated townships in Johor, Malaysia, addressing urban, social, and environmental concerns through multi-phase residential and commercial projects.

Construction TechImpact & Social GoodPropTechJohor Bahru, MY

Malaysiaairlinesmalaysiaairlines.com𝕏

Malaysia Airlines is a passenger airline offering flights from the USA to destinations including Malaysia, with services such as cabin upgrades (MHupgrade), flight-plus-hotel packages, and online booking management.

Travel & Hospitality

Myivpmyivp.my

IVP operates an aerospace and business ecosystem in Malaysia, providing industrial facilities including MRO hangars, warehousing, and integrated business services.

Advanced ManufacturingConstruction TechLogistics & Supply ChainPropTechSubang, MY

Seri Negarain𝕏
Uemedgentauemedgenta.comin

Edgenta provides end-to-end asset management services including consultancy, procurement, construction planning, operations, and maintenance across Southeast Asia, Taiwan, the UAE, and Saudi Arabia.

Construction TechEnergyEnterprise SoftwareHealthtechNot stated on this page, MY

Uemsunriseuemsunrise.comin𝕏

UEM Sunrise is a property developer that designs and builds residential and lifestyle spaces, including nature-oriented developments such as those near Equine Park in the Klang Valley.

Construction TechPropTech

Warisanklwarisankl.my

Warisan KL is a Malaysian national initiative bringing together government ministries, agencies, GLICs, GLCs, private sector partners and communities to revitalize parts of Kuala Lumpur as a cultural, creative and community hub.

GovTechImpact & Social GoodKuala Lumpur, MY

Frequently asked questions

How many investments has Khazanah Nasional made?
Khazanah Nasional has 11 tracked investments.
What stage does Khazanah Nasional invest at?
Khazanah Nasional invests at the Growth, Late Stage stages.
What sectors does Khazanah Nasional focus on?
Khazanah Nasional focuses on Impact & Social Good, Sector Agnostic.
Where is Khazanah Nasional located?
Khazanah Nasional is headquartered in Kuala Lumpur, MY.

Media · Podcasts & interviews

featuring the team

PM Modi meets Amirul Feisal Wan Zahir, Managing Director of Khazanah Nasional Berhad in Malaysia

PMO India · Amirul Feisal Wan Zahir

Amirul Feisal Wan Zahir, Khazanah Nasional Berhad MD, highlights India as a high-conviction market

PMO India · Amirul Feisal Wan Zahir

MIDF Conversations with Dato' Amirul Feisal Wan Zahir, Managing Director of Khazanah Nasional

MIDF · Dato' Amirul Feisal Wan Zahir

Khazanah's Securing the Future Framework

Khazanah Nasional

Dana Impak Originals - Aonic

Khazanah Nasional

Dana Impak Originals - JAZRO

Khazanah Nasional

Images

Khazanah Nasional photoKhazanah Nasional photoKhazanah Nasional photoKhazanah Nasional photoKhazanah Nasional photoKhazanah Nasional photo

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