# Singapore’s biggest bank, DBS Group, said on Monday it had formed a three-year partnership with investment firm Granite Asia.

*fintech · news · 2026-02-23 · The Manila Times*

## Key points

- DBS Group and Granite Asia have entered a three-year partnership targeting Asian high-growth companies.
- Their collaboration launches with a $110 million AI-focused IPO fund exclusively for DBS wealth clients.
- DBS will provide financing, M&A advisory, and IPO support to Granite Asia's funds and portfolio companies.
- Granite Asia plans to develop additional funds and co-investment opportunities specifically for DBS clients.

**Companies:** DBS Group, Granite Asia
**Countries:** Singapore

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/02/24/business/foreign-business/dbs-partners-with-granite-asia-closes-110-million-ai-ipo-fund-for-wealth-clients/2282891)

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