# The partnership starts with the closing of a $110 million artificial intelligence-focused initial public offering fund.

*fintech · news · 2026-02-23 · Reuters*

## Key points

- DBS clients will have exclusive access to Granite Asia's $110 million AI-focused IPO fund.
- DBS will provide Granite Asia's funds and portfolio companies with lending and advisory services.
- Granite Asia plans to launch additional funds and co-investment opportunities for DBS clients.
- Granite Asia currently manages about $10 billion in assets and co-managed capital.

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

[Read the full story on Reuters](https://www.reuters.com/world/asia-pacific/dbs-partners-with-granite-asia-closes-110-million-ai-ipo-fund-wealth-clients-2026-02-23/)

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