# Spartan Group

Spartan Group is an Asset Manager based in Greensboro, Singapore.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Greensboro, Singapore
- **Region:** Asia
- **Address:** Singapore
- **Founded:** 2017
- **Assets under management:** $500M (per firm, 2025)
- **Website:** spartangroup.io
- **LinkedIn:** https://www.linkedin.com/company/spartangroup

## About

Spartan Group is an SEC-registered investment adviser in Greensboro, NC, registered since 2020. The firm manages $384 million in assets, with $199 million on a discretionary basis. It has 5 employees and 4 investment advisers.

## Sectors

- Enterprise Software
- FinTech
- Gaming & Metaverse
- Media & Entertainment

## People

- Kelvin Koh — Co-founder & Partner, CIO, Spartan Capital
- Melody He — Co-founder & Partner, Co-Head of Spartan Advisory
- Casper B. Johansen — Co-founder & Partner, Co-Head of Spartan Advisory
- Leeor Groen — Partner, Spartan Advisory
- Adrian Lai — Chief Creative Officer

## Questions

### Who runs investment decisions at Spartan Group?

Kelvin Koh is Co-founder, Partner, and Chief Investment Officer for Spartan Capital, the asset management division. He oversees all three funds — Liquid, DeFi, and Gaming & Metaverse — and leads a team of 11. The advisory and labs divisions have separate leadership under Melody He and Casper B. Johansen, reporting into the partnership.

### What investment stages does Spartan Group target?

Spartan invests across the full lifecycle of Web3 assets. Its venture practice targets early-stage equity and token rounds in new crypto networks and protocols. The liquid fund trades active tokens, while the DeFi and Gaming & Metaverse funds provide thematic exposure to more mature subsectors. The advisory arm also intermediates secondary transactions and cap-table restructurings.

### Which sectors does Spartan Group explicitly focus on?

Spartan focuses exclusively on Web3: decentralized finance, gaming and metaverse, and liquid token markets. It does not invest in traditional equities, real estate, or Web2 enterprise software. All three Spartan Capital funds are digitally native, investing in on-chain protocols, tokenized platforms, and Web3 infrastructure.

### What is Spartan Group's known posture on co-investments alongside external GPs?

Spartan co-invests routinely alongside other crypto-native funds and generalist VCs in token rounds. It also leads and syndicates advisory mandates, often acting as placement agent or M&A advisor. The firm has not disclosed a formal LP program or a dedicated fund-of-funds allocation for outside managers.

## Related profiles

- [Spartanburg County Foundation](https://altss.com/profile/spartanburg-county-foundation)
- [Sparta Portfolio Management](https://altss.com/profile/sparta-portfolio-management)

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Last updated: 2026-06-03T20:00:00.000Z

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