Fund operations for Singapore-domiciled funds
VCCs, limited partnerships, and SPVs run in the same Folio workspace as the rest of your funds, with records ready for MAS and every figure consolidated in USD.
Monetary Authority of Singapore
Fund managers are licensed by MAS, with a simplified regime for venture capital fund managers.
VCCs, limited partnerships, companies
The Variable Capital Company (VCC) is Singapore’s dedicated fund structure; limited partnerships and private companies are also common.
Records ready for MAS
NAV inputs, capital activity, and LP records logged with a full audit trail. Folio prepares the record; your team or administrator handles MAS reporting.
SGD or USD vehicles, USD reporting
Singapore funds are often denominated in SGD or USD. Folio records each vehicle in its own currency and consolidates every figure in USD.
What runs on Folio in Singapore
Variable Capital Companies
Capital activity and NAV tracked for VCC funds in the same workspace as your other vehicles.
Limited partnerships
Commitments, drawdowns, and distributions tracked per LP across the life of the fund.
SPVs and co-invest vehicles
Vehicles alongside the main fund tracked in the same workspace, so ownership and returns roll up correctly.
One view with your other funds
SGD- and USD-denominated vehicles report alongside funds in other jurisdictions, with every figure consolidated in USD.
| Vehicle | Domicile | NAV (USD) |
|---|---|---|
| Fund I | Singapore · VCC | $41.8M |
| Fund II | US · LP | $33.5M |
| Co-invest I | Singapore · SPV | $16.9M |
| Growth Fund | India · AIF | $10.2M |
Rows marked in blue are domiciled in Singapore. Every figure is consolidated in USD.
How a quarter runs on Folio
- 1Capital calls go out digitally and LP payments are tracked against each commitment
- 2Valuation inputs for the quarter are logged as they arrive, each one recorded to the audit trail
- 3NAV and LP statements are produced from the same records and published to the LP portal
- 4Your team or administrator handles MAS reporting from records that are already reconciled
Deal flow, portfolio monitoring, fund operations, LP reporting, compliance, and Sage work the same way here as in every other market, on the same fund ledger.
Common questions about running Singapore funds on Folio
This guide is general information about how funds in Singapore run on Folio. It is not legal, tax, or regulatory advice; confirm your obligations with counsel or your fund administrator. Updated November 2026.
Running a fund in Singapore?
Book a demo and we will walk through how your VCC or limited partnership would run on Folio.