Apricot Capital

Apricot Capital

Apricot Capital was founded in 2017 by David Teo. It functions as the single-family office for the Teo family. David Teo serves as founder and chairman while his wife June Teo holds the vice chairman role. Sons and daughters Darren Teo and Elaine Teo act as managing partners. The office deploys capital into real estate, venture capital, private equity, and external funds. Asset-class exposure includes buyouts, early-stage seed and start-up rounds, growth equity, and pre-IPO positions. Confirmed real-estate holdings comprise Serene Centre, Wilkie Edge, BreadTalk IHQ, Sembawang Shopping Centre, and 120 Robinson Road in Singapore plus Hotel Indigo Exeter and Hyatt Centric Cambridge in the United Kingdom. Additional positions exist in Perth, Kyoto, Johor, and Phnom Penh. Geographic reach covers Singapore, the United Kingdom, Australia, Japan, Malaysia, and Cambodia. Team size remains undisclosed. The firm lists no additional offices beyond its Singapore headquarters. Apricot Capital Foundation operates as the family's philanthropic vehicle. A dated operational marker from the last twenty-four months is absent from public records. The office's structure ties investment decisions directly to the founding family through named principals who also hold operating roles at Super Group. This integration creates a closed governance loop between the wealth-creating business and the capital allocation entity.