{"id":63290,"date":"2021-04-15T11:39:29","date_gmt":"2021-04-15T10:39:29","guid":{"rendered":"https:\/\/esportsinsider.com\/?p=63290"},"modified":"2021-04-15T11:53:26","modified_gmt":"2021-04-15T10:53:26","slug":"frontsight-capital-fund-invests-1m-into-rsg","status":"publish","type":"post","link":"https:\/\/esportsinsider.com\/2021\/04\/frontsight-capital-fund-invests-1m-into-rsg","title":{"rendered":"FrontSight Capital Fund invests $1m into Singaporean organisation RSG"},"content":{"rendered":"<p><span style=\"font-family: 'book antiqua', palatino;\"><strong>FrontSight Capital Fund<\/strong>, an esports private equity fund managed by Singaporean firm <strong>Tembusu Partners, <\/strong>has announced an investment of $1m (\u223c\u00a3725,415) into Singaporean esports organisation <strong>RSG.<\/strong><\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\">The funding will be used to continue RSG’s investment in local talent cultivation, along with a new focus to establish brand-new training facilities for its teams. The organisation currently fields teams across a number of titles including Mobile Legends: Bang Bang, League of Legends: Wild Rift, and Street Fighter.<\/span><\/p>\n<figure id=\"attachment_63303\" aria-describedby=\"caption-attachment-63303\" style=\"width: 701px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-63303\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-300x148.png\" alt=\"\" width=\"701\" height=\"346\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-300x148.png 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-768x378.png 768w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-1536x755.png 1536w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-324x160.png 324w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-1068x525.png 1068w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20-854x420.png 854w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2021\/04\/Screenshot-2021-04-15-at-11.24.20.png 1920w\" sizes=\"auto, (max-width: 701px) 100vw, 701px\" \/><figcaption id=\"caption-attachment-63303\" class=\"wp-caption-text\">Photo credit: RSG<\/figcaption><\/figure>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">RELATED:<a href=\"https:\/\/esportsinsider.com\/2021\/01\/rsg-pizza-hut-partnership-2021\/\"> RSG delivers Pizza Hut partnership<\/a><\/span><\/strong><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\">According to the release, FrontSight Capital Fund’s funding is said to be the first of up to ten planned investments ranging from $1m to $2m (~\u00a31.45m). All investments are expected to be with other Southeast Asian esports teams and companies in a bid to grow the region’s scene.<\/span><\/p>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">William Cao, Managing Partner at FrontSight Capital<\/span><\/strong><span style=\"font-family: 'book antiqua', palatino;\">, spoke on the funding in a release: <\/span><span style=\"font-family: 'book antiqua', palatino;\">\u201cWhile the US and China currently lead the global gaming industry, the growth journey for Southeast Asia\u2019s esports sector has only just begun and we are proud to be one of the first movers supporting the local esports industry. Across Southeast Asia, we see many young and untapped esports organisations that are well-positioned to expand regionally and globally.<\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\">“RSG is an example of such a company, with the right drive and ambition, coupled with a clear roadmap towards becoming one of the largest esports organisations in Southeast Asia.”<\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\">[primis_video widget=”5183″]<\/span><\/p>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">RELATED: <a href=\"https:\/\/esportsinsider.com\/2021\/04\/generation-esports-closes-10-8m-series-a-funding-round\/\">Generation Esports closes $10.8m Series A funding round<\/a><\/span><\/strong><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\">Since launching in 2017, RSG has won multiple championships across a range of titles. This includes being victorious in League of Legends: Wild Rift’s SEA Icon Series: Preseason Vietnam tournament held in February.\u00a0 Over the past four years, the organisation has inked partnerships with the likes of <strong>Secretlab<\/strong>, Malaysian mobile phone network\u00a0<strong>Yoodo<\/strong>, and most recently\u00a0<strong>Pizza Hut Singapore<\/strong>.<\/span><\/p>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">Jayf Soh, Founder and Chief Executive Officer at<\/span><\/strong><span style=\"font-family: 'book antiqua', palatino;\">\u00a0<strong>RSG<\/strong>, also commented: “RSG is honoured to have the support of strategic investors who believe in our vision, recognise our track record and amplify our steady growth as a leading player in Southeast Asia. We remain committed to uplift esports in the region through competitive and community excellence and be a credible bridge for brands and investors to engage with the esports market.<\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\">“As we scale up and diversify our offerings to other aspects of the gaming market, RSG will take a sustainable growth approach to invest in new technologies, expand our operations regionally, and groom the talent pool. We are excited about this new milestone, as we gear up to put RSG on the global map of esports in the near future.\u201d<\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\"><strong>Esports Insider says: Esports in Southeast Asia is tipped for significant growth in the coming years and this fund looks to accelerate that growth, which is certainly a huge step forward. For RSG, the funding acquired will enable the organisation to focus on significant expansion as it looks to strengthen its position in the region.<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">[maxbutton id=”18″ ]\n","protected":false},"excerpt":{"rendered":"<p>FrontSight Capital Fund, an esports private equity fund managed by Singaporean firm Tembusu Partners, has announced an investment of $1m (\u223c\u00a3725,415) into Singaporean esports organisation RSG. The funding will be used to continue RSG’s investment in local talent cultivation, along with a new focus to establish brand-new training facilities for its teams. The organisation currently … <a href=\"https:\/\/esportsinsider.com\/2021\/04\/frontsight-capital-fund-invests-1m-into-rsg\">Continued<\/a><\/p>\n","protected":false},"author":45,"featured_media":63303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","esi_template":"default","excluded":false,"footnotes":""},"categories":[242,63,55,5283,106,237],"tags":[],"class_list":["post-63290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-commercial","category-esports-titles","category-investments","category-latest-news","category-news-by-region"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FrontSight Capital Fund invests $1m into Singaporean organisation 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