Angsana·Lloyd

About

A private holding company, based in Singapore.

Angsana Lloyd Pte Ltd is a private, family-owned holding company based in Singapore. Our work is to build businesses in partnership with founders and co-founders whose judgement, character and craft we have come to know well.

We commit our own capital and, from time to time, invest alongside a circle of like-minded friends. We tend to come in early — often as the first institutional investor — and to stay involved for the medium to long term. Where we know the founders well and the case is clear, we will also take part in a Series A round. As a permanent capital vehicle, we are built to be patient. Time, in our experience, is where most of the value compounds.

What we look for is straightforward: good people building something useful — something with a credible path to sound economics and, where possible, intellectual property worth defending. Where we can be of help — capital, structure, a relationship, a hard-won lesson — we offer it. Where we cannot, we step back and let the founders get on with their work.

Approach

Investor and builder, in roughly equal measure.

We see ourselves as both an early investor in, and a builder of, the businesses we partner with. The two sit closely together for us. We try to be a steady presence alongside our partners — on board matters, on structure, on the harder commercial questions — for as long as that is helpful to them. Much of that work, we have come to believe, is the patient creation of intellectual property: patents, technical know-how, proprietary systems, brand. The steady accumulation of IP is, in our view, one of the key drivers of enduring value in the businesses we help build.

Our horizon is the medium to long term. Where appropriate, and at the right moment, we work with our partners towards a sale to a strategic acquirer. We make no promise of timing or outcome. Some of our holdings will mature into businesses we hold indefinitely; others will find a natural strategic home; a few, in honesty, will not work out. We take each on its own merits.

We are a private, family-owned firm. Our portfolio is intentionally concentrated, and we try to be careful about what we take on.

Contact

robert@angsanainvest.com