
Admin
18 Apr 2025
Milestone Underscores Vision to Build a Singapore-Based, Next-Generation Investment Platform for Asia and Beyond
We are proud to announce that Crestwave Capital has received the In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.
This marks a major milestone in our journey to build a forward-looking asset management platform based in Singapore, serving global investors with a focus on emerging opportunities across Asia and beyond.
"Receiving MAS's IPA is a thrilling moment for our team — it's a strong vote of confidence in our vision and foundation," said Ray Li, CEO of Crestwave Capital. "We are building Crestwave to be a next-generation investment house — nimble, insightful, and deeply aligned with our partners in navigating the future of capital markets."
Founded by seasoned professionals with over 50 years of experience added up in capital markets, Crestwave Capital is committed to delivering differentiated investment strategies backed by deep market insights, robust risk management, and strong governance. Our leadership brings a proven track record across fund management, real assets, and cross-border transactions.
Receiving MAS’s IPA reinforces our commitment to regulatory excellence and transparency, and underscores Singapore’s position as a trusted global financial hub.
We are grateful for the support from our partners, advisors, and early supporters, and we look forward to what's ahead.
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