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Turmeric Capital
Turmeric Capital is a private equity based in Singapore, founded 2018; the Altss profile covers its classification, headquarters, registration, AUM band, and...
Overview
Turmeric Capital is a private equity firm based in Singapore. It focuses on a Venture Capital investment approach.
General information
Firm type
Private Equity
Year founded
2018
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
Singapore
Principals
Bruce Richards
Founder & CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Turmeric Capital?
Bruce Richards, the Founder and CEO, leads investment decisions. He previously served as Senior Managing Director at Highland Capital Management, where he ran Asia-Pacific credit and private equity strategies. Richards brings over two decades of principal investing experience in the region.
How does Turmeric Capital source proprietary deal flow?
Turmeric sources primarily through Richards' multi-decade institutional LP network and direct founder relationships across Singapore, Bengaluru, and Jakarta. The firm's independent sponsor model enables it to move quickly on off-market opportunities without fund-formation timelines.
Is Turmeric Capital structured as a traditional private equity fund?
No. Turmeric operates as an independent sponsor rather than a traditional closed-end fund. This means it raises capital on a deal-by-deal basis, which gives the firm flexibility to hold portfolio companies longer and co-invest alongside sovereign wealth funds and family offices without vintage-year pressure.
Where is Turmeric Capital's geographic focus?
Headquartered in Singapore, Turmeric invests across Southeast Asia and India. Its deal flow concentrates on Singapore, Indonesia, and India, where Richards' network is deepest, though the firm can pursue opportunities across the broader Asia-Pacific region.
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