Our Firm

We aspire to build deep relationships with investors and business owners, and be their partner of choice.

Seeing the need to integrate global investment expertise with Asian values, we founded Tower Capital Asia in 2016. Starting with Singapore and Southeast Asia, our desire is to create value for our investors and the businesses we invest in. To us, every investment begins with a human relationship.


Key Facts
2016
Founded
US$450m
Funds under management
>US$1b
Track record of proprietary origination and deals
 
12
Experienced investment professionals and Senior Advisors
 
Funding
From SWFs, pension funds, financial institutions, large family offices
 
Mission
1. Harness glocal expertise
We augment global investment best practices with local knowledge and origination skills.

We integrate Asian values and sensitivities to offer bicultural expertise.
2. Build deep relationships
All our investments are built on foundations of trusted relationships with investors and business owners.

Every deal is an investment into a meaningful business legacy for entrepreneurs and family businesses.
 
3. Structure unique deals
We structure win-win partnerships and unique deals that few can.

We marry the nimbleness of a lean structure with global investment expertise to offer the best of both worlds- flexibility, fast decisions, and large, complex deals.
 
4. Transform through involvement
We work with, rather than for, our key stakeholders.

We never shy away from deep involvement in the most challenging post-deal issues.
 
Danny Koh
Founder and Chief Executive Officer

Danny has over 15 years of private equity experience in Southeast Asia and has invested and originated over US$1b of transactions. He began his private equity career with 3i where he invested in and exited several successful deals. More recently, he led the Southeast Asia private equity team at Actis before he founded Tower Capital Asia in 2016.

Danny has a Bachelor of Accountancy from Nanyang Technological University, Singapore. Besides being on the boards of portfolio companies, he sits on the audit committee of the National Council of Social Service and is a member of the Community Chest Committee.

Jia Hui Loh
Chief Operating Officer

Jia Hui has over 10 years of private equity experience in Southeast Asia. Before joining Tower Capital Asia at its inception in 2016, she was a core member of Actis in Singapore where she was also part of the global financial services and healthcare sector teams. Prior to this, she was in FTI Consulting’s Corporate Finance and Restructuring practice in London.

Jia Hui has a Bachelor of Accountancy from Nanyang Technological University, Singapore and a MSc in Accounting and Finance from the London School of Economics and Political Science. She is a Fellow of the Institute of Chartered Accountants in England and Wales, and a member of the Institute of Singapore Chartered Accountants.

Bill Foo
Senior Advisor, Board Member

Bill has over 30 years of experience in financial services in Asia. He spent 16 years at ANZ, where he was CEO of ANZ Singapore and Vice Chairman of ANZ SEA. He was also Regional Head of Investment Banking for Schroders.

He is a Director and Chairman of several listed, private and non-profit entities, including Tung Lok, Mewah Group, CDL Hospitality Trusts, Singapore Israel Business Circle, International Institute of Strategic Studies Asia, and The Salvation Army. He is also a Senior Advisor at BDA Partners.

Bill has a Bachelor of Business Administration from Concordia University, MBA from McGill University, and an honorary Doctor of Commerce from James Cook University Australia.

Ken Costa
Senior Advisor, Financial Services

Ken has over 40 years of experience in the financial sector. He served as Chairman of Lazard International from 2007 until 2011. Prior to Lazard, he was Chairman of UBS Investment Bank for Europe, the Middle East and Africa. He also served as Vice Chairman of Investment Banking at UBS.

Ken holds a Bachelor of Commerce in Law and Philosophy from the University of Witwatersand and a Masters of Law from Cambridge University.

Alberto Bautista
Senior Advisor, Healthcare

Al has over 30 years of experience in healthcare, most recently as Chairman of LHi Technology, a developer and manufacturer of specialty medical cables and connectors. Prior to that, Al was Senior Partner (Healthcare) at 3i for 6 years, and was President of Baxter Healthcare Asia, a leading global medical supply and services company.

Al holds a Bachelor of Science degree in Industrial Engineering from the University of Philippines and a Master of Science degree in Management from MIT Sloan School of Management.

Ralph Kugler
Senior Advisor, Consumer

Ralph has over 20 years of consumer experience with Unilever in a variety of roles, and was Executive Director on the main board. He has also held non-executive positions on the boards of Intercontinental Hotels Group and Mars, and was previously Chairman of Cognita Schools.

He is currently Chairman of Williams Lea Tag, a provider of marketing and communications services and Headbox, an online platform for business spaces. He is also an independent board Director at Keter Group.

Ralph holds a BA (1st Class Honours) in Economics from the University of Leeds and a MA in Industrial Relations from the University of Warwick.

Aaron Boey
Senior Advisor, Operations

Aaron is a seasoned senior executive with extensive strategic and operational leadership experience globally and over 25 years of consumer experience.

He was Executive Vice President and President, Asia-Pacific for Levi Strauss & Co., managing all the company’s brands in the region. Prior to that, he held senior positions in large consumer MNCs such as Asia Pacific Breweries and Philips Electronics. He is currently the CEO of Eu Yan Sang International Limited, a portfolio company of Tower Capital Asia.

Aaron is also active in the public sector. He was a member of the board of the Singapore Tourism Board, and served on the Singapore Economic Strategies Committee and the National Productivity and Continuing Education Council. Since 2017, he has been on the Advisory Board of the Singapore Management University (SMU) Academy.

Nicholas Yeo
Advisor, Real Estate

Nicholas is currently a Director at TCRE Partners. He began his career at UBS as a research analyst with its Investment Office and more recently at Alpha Investment Partners where he played a critical role across Investments, Asset Management, Corporate Finance and Portfolio Management; and worked on numerous transactions exceeding US$1 billion.

Nicholas has a Bachelor of Arts from Columbia College, Columbia University, New York, where he majored in Economics, with a minor in Fine Arts.

Xuan Yong Soh
Managing Director

Xuan Yong has over 15 years of private equity and credit investment experience. Before joining Tower Capital in 2018, he was Investment Director at ICG, where he led private equity and credit transactions across Asia Pacific. Prior to this, he was with 3i and various global hedge funds based in Hong Kong, New York and Singapore. Xuan Yong began his career at Merrill Lynch in investment banking and subsequently private equity.

Xuan Yong holds a Bachelor of Arts (Distinction) from Cornell University, where he has a triple major in Computer Science, Economics and Independent Major (College Scholar Program). He also holds CFA and FRM charters and is a member of the CFA Institute and Global Association of Risk Professionals.

Wening Teoh
Senior Manager, Compliance, Finance and Operations

Wening joined Tower Capital Asia in 2018. She has over 10 years of experience in finance, operations and audit. Her previous role was with a regional venture capital firm headquartered in Singapore, where she was responsible for finance, operations and compliance matters. She started her career at Ernst & Young.

Wening has a Bachelor of Commerce in Accounting and Finance from Monash University Australia. She is a member of CPA Australia.

Boon Swan Foo
Senior Advisor, Team Mentor

Boon brings to the team a wealth of experience, having held many high profile appointments in Singapore over the years.

He is currently the Chairman and CEO of Singapore Consortium Investment Management Limited, and the Chairman of Global Investments Limited.

His previous roles include CEO and Deputy Chairman of ST Engineering Ltd, MD of A*STAR, Chairman of ST Asset Management Ltd. He also served as Senior Advisor to Temasek from 2005 to 2017.

Boon is a member of the Institute of Singapore Chartered Accountants and a Fellow of the Chartered Association of Certified Accountants. He is a Professor of Practice at the Singapore University of Technology and Design.

David Bob Yeo
Associate

Bob joined Tower Capital Asia in 2020. Prior to joining, Bob spent 5 years with Partners Group as a core member of the Private Equity team focused on Southeast Asia where he was involved in a number of Education, Healthcare and Consumer related opportunities. Bob started his career with Value Partners Management Consulting, where he worked on projects in the Telecommunications and Education sectors.

Bob holds a Bachelor in Business Management from the Singapore Management University.

Danielle Mak
Senior Associate, Finance and Operations

Danielle joined Tower Capital Asia in 2020. She began her career at Ernst & Young, and has over 10 years of experience in finance, operations and audit, most recently at a co-working space provider company, where she was responsible for management reporting and operations.

Danielle holds a Bachelor of Accountancy from Nanyang Technological University, Singapore. She is a Member of the Institute of Singapore Chartered Accountants.

Valerie Wong
Director, Investor Relations and Impact

Valerie has over 10 years of private equity experience. Prior to joining Tower Capital Asia in 2020, she was with TVM Capital Healthcare, focusing on fundraising and deal execution. Before TVM, she was a Director at Rising Tide Asia and subsequently Brown Legacy Group, a US Family Office where she drove the Asia investment strategy and the firm’s healthcare strategy. Over the span of her career, she has also worked at L Capital Asia and Rothschild Venture Asia.

Valerie holds a B.Com in Finance and Information Systems from the University of New South Wales

Seth Lim
Associate

Seth joined Tower Capital Asia in 2020. He was previously an Investment Manager at ADM Capital, a private credit lender based in Hong Kong. Prior to this, Seth was a Research Analyst at Brightline Capital based in Greenwich, Connecticut. Seth started his career with Goldman Sachs in New York.

Seth received a BA in Economics from the New York University where he graduated magna cum laude.

Glen Tan
Manager, Fund Administration

Glen joined Tower Capital Asia in 2020. Prior to joining, he was in fund administration, operations and audit for over 7 years as a Senior Manager for a regional venture capital firm headquartered in Singapore. He began his career at KPMG.

Glen is a Member of the Institute of Singapore Chartered Accountants, and holds a Bachelor of Accountancy from Nanyang Technological University, Singapore, where he graduated with First Class Honours

Jeffrey Chua
Chief Strategy and Corporate Officer

Jeffrey joined TCA in 2021. He has over 23 years of investment, management and legal experience at Temasek. During his time at Temasek, he held senior roles leading teams focusing on Financial Services investments globally, across sectors in Japan, Korea and South-east Asian markets; as well as in mergers & acquisitions, legal & regulatory and organisational planning functions.

Jeffrey graduated from the National University of Singapore with a Bachelor of Laws (Honours) degree and holds a Master of Laws (Banking and International Finance) degree from King’s College London. He has also attended the Advanced Management Programme at Harvard Business School.

Jonathan Ng
Managing Director, Value Creation and Digital

Jonathan joined Tower Capital Asia in 2021. He has over 12 years of strategy and operational experience in Southeast Asia with McKinsey, most recently serving as chief executive of McKinsey’s Digital Capability Centre. He has deep experience in leading and driving innovation and transformational change, having served a broad range of clients in the infrastructure, energy, industrial and public sectors. Prior to this, he had 9 years of public sector experience in various leadership roles across key government agencies.

He has an MEng Electrical Engineering from Imperial College London and an MBA from MIT Sloan School of Management.