Deutsche Bank's tech fund takes softly, softly approach

Deutsche Bank''s Asia Pacific technology fund kicks off with stake in Keppel venture.
October 09, 2000
Deutsche Bank has made its first investment in Asia via a $300 million technology fund. The e-millennium 2 fund em2, of which Deutsche Bank is the lead investor, was launched in late July, and last week took a 10% stake in Trade1Asia T1A, a Keppel Corporation initiative.

T1A is a business-to-business B2B online resource and exchange for small and medium sized enterprises SMEs and a hub for larger businesses to procure goods and services online at aggregated prices. The other strategic stakeholders in T1A are Keppel TatLee Bank, Keppel Telecommunications Transportation, and k1eBiz Holdings, a Keppel Corporation subsidiary. Collectively, the shareholders have invested S$20 million $11.44 million into the B2B...

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