Singapore/Los Angeles – Global media and communications investment firm Saban Capital Group has announced the opening of a new office in Singapore by its wholly-owned subsidiary, Saban Capital Group (Asia) Pte Ltd. The office is led by Sumeet Jaisinghani, who has re-located to Singapore from Saban Capital Group’s Hong Kong office.
Jaisinghani, who joined Saban Capital Group in 2008, has been involved with all of the firm’s investments in Asia including Media Nusantara Citra, MNC Sky Vision, Celestial Tiger Entertainment, Taomee and Global Mediacom.
Haim Saban, Chairman and Chief Executive Officer of Saban Capital Group, said, “Since we began investing in Asia in 2010, we have assembled a portfolio that includes partnerships with outstanding entrepreneurs, operating executives and leading business groups in the region, and is highly complementary with our relationships and investments outside of Asia. We have a strong desire to increase our capital commitment to Asia and further expand the footprint of our investment franchise.”