Private equity fund manager Tembusu Partners has joined hands with Zurich-based Reuss Private to launch a new multi-family office in Singapore.

Tembusu Partners, in partnership with Reuss Private AG, has launched Tembusu Wealth Management in Singapore, according to a statement.

The new multi-family office (MFO) will be led by Jonathan Ng, who has over 25 years of industry experience, including as the former market leader for Southeast Asia at Pictet's wealth unit.

Company Origins

Tembusu Partners was established in 2006 by four business families, led by chairman Andy Lim, as a boutique private equity investment firm that focuses on early and growth-stage companies.

Founded in 2000 by Swiss private bankers Felix Brem and Roman Neff, Reuss Private is a Zurich-based independent wealth management firm that provides personalized financial services, including asset management and investment advisory services, to high net worth individuals and families.

«The financial landscape is constantly evolving, this new partnership platform unites the best ideas and expertise to create a tailored solution for each unique client, ensuring financial harmony and a legacy that lasts,» said Ng.