Eduardo Saverin

Saverin moved to Singapore in 2009 and renounced his US citizenship in 2011, ahead of Facebook’s initial public offering.

The firm already has more than US$6 billion in assets under management and deploys it across the globe.

Its backers include Facebook's Singapore-based co-founder Eduardo Saverin’s B Capital

Quoteworthy: “This can’t be another woulda, coulda, shoulda election. No matter what, vote.” –— Hilary Clinton, who is urging Americans to make their views count at the ballot box.

SINGAPORE (Mar 13): CXA Group, a Singapore-based health service backed by Facebook co-founder Eduardo Saverin, raised US$25 million ($33.9 million) by selling convertible debt to new investors including HSBC Holdings Plc as it expands in Asia.

(Sept 6): Eduardo Saverin, co-founder of Facebook Inc., said social networks are heading for more regulation and change, as political pressures mount and users fragment into specialised interests.

SINGAPORE (May 7): For an industry that generates so much money, advertising has many unhappy stakeholders. “The media industry is kind of broken; because vendors are not happy with the performance rates, publishers and content owners don’t make as mu

SINGAPORE (Mar 12): Singapore’s Golden Gate Ventures is raising a US$100 million ($131.5 million) third fund to continue investing in Southeast Asia’s burgeoning market for e-commerce, payments and mobile apps, according to a person familiar with the

SINGAPORE (Jan 25): Debt and invoice crowdfunding platform Capital Match has raised an undisclosed sum in Series B funding. The round was led by B Capital Group, a venture capital firm backed by Facebook co-founder Eduardo Saverin.

SINGAPORE (Feb 8): Facebook Inc. co-founder Eduardo Saverin’s B Capital Group has led a new financing round for a Singapore-based online health insurance service that values the startup at US$100 million ($141.8 million).