Capital

Growth 
Equity

Liquidity Group, via its Singaporean Dragon Fund, provides growth equity to late-stage technology companies.

The Dragon Fund is a joint venture with MUFG, Japan’s largest financial group.

The Dragon Fund focuses on investing in consumer tech, B2B tech, enterprise software, and fintech, targeting regions across N. America, Europe, MENA, and APAC. With transaction sizes ranging from $20 million to $75 million, both MUFG and Liquidity Group offer substantial support to companies poised for growth and innovation.

Investment 
Criteria

Stages

Mid-to-Late Stage I Pre-IPO | Revenue Positive

Sectors

Consumer Tech I B2B Tech | Enterprise Software I Fintech

Regions

North America I Europe I MENA I APAC

Transaction Sizes

$20mm - $75mm

Portfolio

Growth-Equity

Investment 
Team

Osamu AbeOsamu AbeOsamu Abe

Osamu Abe

CEO
|
Singapore
at
Liquidity
MARS GROWTH
DRAGON FUND
Apollo
Discount
Meitav
Spark Capital
BRM
MUFG
Ridhi ChaudharyRidhi ChaudharyRidhi Chaudhary

Ridhi has over a decade of equity investing experience. She previously spent 9 years at Goldman Sachs Asset Management across Singapore, India and US where she led investments and managed a portfolio of over USD 2bn and served on the Boards of portfolio companies. Prior to GS, Ridhi was at GIC. She received a B.Tech. in Electrical Engineering from IIT Delhi.

Ridhi Chaudhary

CIO, IC Member
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Singapore
at
Liquidity
MARS GROWTH
DRAGON FUND
Apollo
Discount
Meitav
Spark Capital
BRM
MUFG
Aakash TulsaniAakash TulsaniAakash Tulsani

Aakash has over 9 years of investing and private equity advisory experience. Previously, he spent 6 years at B Capital Group leading cross border SaaS and technology investments across India and SEA.

At B Capital, he led growth equity investments in companies such as Icertis, Moengage, Meesho, CredAvenue and Blackbuck cumulatively investing $500m+ across technology companies globally.

Prior to B Capital, he was with Actis and Parthenon Group working across emerging markets including Africa, China and SEA.

Aakash holds a bachelors in engineering from IIT Delhi and an MBA from Chicago Booth School of Business.

Aakash Tulsani

Managing Director
|
Singapore
at
Liquidity
MARS GROWTH
DRAGON FUND
Apollo
Discount
Meitav
Spark Capital
BRM
MUFG
Alex Kewley, CFAAlex Kewley, CFAAlex Kewley, CFA

Alex has 5 years of experience in commercial software development. He likes to solve technical problems and optimize code, enjoys learning programming languages and frameworks. Clean code lover.

Alex Kewley, CFA

Managing Director
|
Singapore
at
Liquidity
MARS GROWTH
DRAGON FUND
Apollo
Discount
Meitav
Spark Capital
BRM
MUFG
Madhurima JaiswalMadhurima JaiswalMadhurima Jaiswal

Madhurima has over 7 years of experience across investing and investment banking, most recently with Multiples Private Equity, where she was focusing on consumer and enterprise technology investments. Prior to Multiples, she was working with J.P. Morgan’s investment banking team covering Technology, Media and Telecom, based in New York and London. Madhurima started her career with Goldman Sachs in their investment banking division.

Madhurima holds an MBA from Yale School of Management and a Bachelors in Commerce Honours from Shri Ram College of Commerce, University of Delhi.

Madhurima Jaiswal

Vice President
|
Mumbai
at
Liquidity
MARS GROWTH
DRAGON FUND
Apollo
Discount
Meitav
Spark Capital
BRM
MUFG
Zhi-Cheng GohZhi-Cheng GohZhi-Cheng Goh

Zhi Cheng joins Mars Equity from Prosus Group where he was part of the investment team focusing on Consumer Technology growth investments in Asia. Prior to Prosus Group, he was in investment banking at J.P. Morgan working with clients in the Technology, Consumer and Real Estate sectors across Southeast Asia. Zhi Cheng started his career at Temasek where he covered public and private equity investments in the global Industrials sector.

Zhi Cheng holds a Bachelor of Business Management (Finance) degree from Singapore Management University, where he graduated summa cum laude.

Zhi-Cheng Goh

Associate
|
Singapore
at
Liquidity
MARS GROWTH
DRAGON FUND
Apollo
Discount
Meitav
Spark Capital
BRM
MUFG
“Working with the Liquidity team has been a pleasure. Their technological approach to DD meant DD took only
a day before we received a term sheet.”
Aiden Lister
CEO
“In the fintech space, Liquidity Group shines as a technologically advanced player. We experienced lightning speed with them and working with their team has been a great experience overall.”
Yoni Assia
Founder & CEO
“The most advanced AI Platform for real-time Credit
and Investment analysis in the world.”
Nobutake Suzuki
CEO, MUFG Innovation Partner