Sean Lim
Managing Partner at NWD Holdings
Sean Lim
Managing Partner at NWD Holdings
Singapore
Overview
Work Experience
Managing Partner
2024 - Current
Equity partner of NWD which owns and currently developing the land banks Radisson Blu Hotel and Apartments Penang is housed. Radisson Blu is an upper upscale five stars hotel brand part of the Radisson Hotel Group. Our property will be the largest beach hospitality development in Penang with a Gross Development Value (GDV) exceeding RM$1 Bn. The mixed development will comprise a branded serviced apartment block and a five stars hotel- both blocks entirely managed by Radisson Blu. Branded serviced apartment units will launch for sales by Q4 2024 and the development is targeted to welcome unit owners and guests by Q4 2028.
Limited Partner
2023
SeaTown Holdings International is a wholly-owned asset manager of Temasek, a Singapore holding company owned by the Government of Singapore. SeaTown has an AUM of US$6bn.
Limited Partner
2022
Sky9 Capital is a leading venture capital fund with a top-tier track record having invested in notable unicorns at early stages such as Pinduoduo, ByteDance (Tiktok, Dou Yin), Manbang and Meituan amongst other portfolio companies. It has invested over US$750m into 100+ companies achieving a current market value of over U$3.4B today. Sky9 Capital is backed by numerous Sovereign Wealth Funds and US pension funds amongst its table of notable investors. Sky9 Capital is founded by Ron Cao who was previously founder of Lightspeed China and partner with Lightspeed VC. Ron was named in “China’s Midas List” by Forbes, “Top VC” by CBN Weekly and he is also a Young Global Leader at the World Economic Forum.
Limited Partner
2016
Since inception, Fika Ventures has gained $313 million in assets under management and has helped its portfolio of companies raise close to $1 billion. Limited Partner at Fika’s debut fund: In 2016, Los Angeles-based Fika Ventures launched a $41 million seed-stage fund for US-based tech startups in enterprise software, fintech, marketplaces and digital health. GP Zhuo Tianxiang, a Singaporean of Chinese ethnicity, is said to be the youngest Singaporean venture capital (VC) fund manager. He is also among the first Singaporeans to have launched a US-based venture fund. Zhuo previously co-founded Karlin Ventures. Other general partners in the fund are Eva Ho and Arteen Arabshahi. https://medium.com/fika-ventures/introducing-fika-ventures-a-40m-seed-fund-8ef398efab26
Series A Investor
2017
Alta Group is Southeast Asia's largest licensed digital marketplace for alternative assets. It was formerly known as Fundnel and it provides end-to-end offerings around and through its own blockchain-powered exchange, which brings private capital market, fund management, custodial, and other services under one roof. Alta Group is closer than ever in creating a sustainable marketplace with curated investment opportunities in alternative assets, that support a virtuous cycle of private capital growth. It is also the only company with licences from respective government authorities to operate in all of Singapore, Indonesia and Malaysia. Fundnel has completed a cumulative value of US$540M in transactions since 2016 with an average value of US$10M for each deal. Fundnel was awarded the following accolades: Fintech of the Year (2021) by The Asset Digital Awards. Ranked as the 21st fastest growing company in Singapore (2021) by The Straits Times. Ranked as the 107th fastest growing company in Asia-Pacific (2021) by The Financial Times.
Limited Partner
2022
Pantera Capital is regarded as one of the best blockchain funds in the world and the first blockchain hedge/venture funds in the U.S. It launched the first cryptocurrency fund in the U.S. when bitcoin was at $65/BTC in 2013. It now manages $4.8 billion in assets. Pantera Blockchain Fund has raised in excess of $1 billion oversubscribing its initial target raise of $600m. It will be investing across the entire blockchain spectrum from illiquid assets including venture equity, early-stage tokens, as well as liquid tokens and DeFi protocols.
Fund II Investor
2022
Binance Labs Fund II is a $500 million investment fund supported by leading global institutional investors such as DST Global Partners, and Breyer Capital amongst other major private equity funds, family offices and corporations. Binance Labs is the venture capital and incubation arm of Binance. Binance is the world's largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. The new fund will invest in three different stages: Incubation, early-stage venture, and late-stage growth. Investment was made via Sky9 Capital.
Young Leaders Circle
2022
The Milken Institute Young Leaders Circle (YLC) represents the best and the brightest from a wide variety of industries. With 300 members in Los Angeles, New York, London, Singapore and the MEA region, the Young Leaders Circle includes intellectually curious, motivated and philanthropic young professionals between the ages of 25 and 40 who support the Milken Institute and its mission.
Startup SG | Angel Investor
2022
Startup SG is an initiative of Enterprise Singapore that provides comprehensive support for startup development in Singapore. Startup SG offers a host of schemes and programmes to meet the various needs of entrepreneurs, from mentorship to funding, to infrastructure and global connections.
Managing Partner, M&A
2015
NWD Holdings is a brand name made up of numerous SPVs housing investments across a multitude of sectors. It also houses a Singapore based offshore registered Single Family Office focused on high returns investments in private/public companies and funds. I am a Partner and I oversee cross-border/domestic M&A opportunities and growth equity investments amongst other portfolios.