Apricot Capital
Singapore single family office of the Teo family, set up in 2017 after the sale of Super Group; manages real estate, fund management and consumer assets.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Teo
- WEALTH ORIGIN
- Super Group (3-in-1 instant coffee), sold to Jacobs Douwe Egberts in 2017
- HEADQUARTERS
- Singapore, Singapore
- FOUNDED
- 2017
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Real Estate & PropTechConsumer & E-commerceClimate & EnergyEducationFood & AgricultureMedia & EntertainmentHealthTechMobility & Logistics
- ROUTES
- Companies (own capital)
- STRATEGIES
- Real estate
Overview
Apricot Capital is the single family office of the Teo family, founders of Singapore's Super Group, started in 2017 after Jacobs Douwe Egberts bought Super Group for S$1.45 billion. Second-generation siblings Darren Teo and Elaine Teo are its managing partners, and the office manages a portfolio of real estate, fund management and consumer assets while steering legacy partners towards green and renewable businesses. Darren Teo has said the office aims to invest with a purpose in businesses and entrepreneurs that create positive impact.
Investment thesis
Invest with a purpose in businesses and entrepreneurs that create positive impact and benefit future generations.
People
Frequently asked questions
Apricot Capital is a single family office based in Singapore, Singapore, founded in 2017.
Apricot Capital invests on behalf of the Teo family (Super Group (3-in-1 instant coffee), sold to Jacobs Douwe Egberts in 2017).
Apricot Capital invests its own capital into companies. Its stated asset mix includes real estate.
Apricot Capital invests in Real Estate & PropTech, Consumer & E-commerce, Climate & Energy, Education, Food & Agriculture, Media & Entertainment, HealthTech and Mobility & Logistics.
Key people at Apricot Capital include Darren Teo (Managing Partner) and Elaine Teo (Managing Partner).
No. Apricot Capital invests its own capital and does not raise money from outside investors.