InCred Capital Strengthens Global Wealth Management with S Cube Capital Acquisition

InCred Capital, known for its institutional, wealth, and asset management services under the InCred Group, has declared the integration of S Cube Capital into InCred Global Wealth Pte in Singapore, pending regulatory approvals. This acquisition enhances InCred Capital’s offshore product portfolio by introducing regulated fund structures to its Singapore platform. Additionally, it builds upon the company’s recent acquisition of Arrow Capital DIFC, further improving its service capabilities for clients investing in the Singapore-GCC-India corridor.

Singapore-based S Cube Capital operates under the regulation of the Monetary Authority of Singapore (MAS) and delivers institutional investment insights with a strong focus on local markets paired with global networks. As part of the acquisition process, Balaji Swaminathan and Hemant Mishr from S Cube Capital will become Joint Vice Chairmen of InCred Global Wealth’s global asset management division.

With its operations spanning India, Singapore, Dubai, and London, InCred Capital runs various businesses that include wealth management, asset management, and institutional equities. The firm currently oversees more than Rs 1 lakh crore ($10.5 billion) in wealth Assets Under Management (AUM) and approximately Rs 10,000 crore ($1 billion) in asset management AUM.