Shane is Founder and Partner of Openspace Ventures, a Singapore-headquartered VC focused on investments in Southeast Asia-based technology companies. Openspace manages 5 funds with total committed capital of US$650M from global investors. Selected Openspace investments overseen by Shane include Gojek(now GoTo), HaloDoc, Biofourmis, Whispir (exited), Tradegecko (exited), Finnomena, Tanihub Group and Pluang.
Openspace funds are ranked upper quartile performing according to Cambridge Associates global VC benchmarks. GoTo, an Openspace portfolio company with Shane as board member and deal lead, was the winner of SVCA Exit of the Year Awards for 2022. Openspace Fund III is the winner of “Fundraising of the Year” for SVCA Awards 2021. In 2018, Shane was a finalist for Asian VC/PE “Professional of the Year” as coordinated by the Asian Venture Capital Journal.
Shane was previously Managing Director and Co-Head (Technology Investment Banking, of Citigroup Asia-Pacific. As a technology banker, he spent over thirteen years advising Asian technology companies and financial sponsors on capital raising and M&A strategies. Over this time, his clients have included strategic players such as Qihoo, Mediatek, Pactera, Acquity, Hisoft, ASE, SAS and sponsors such as Temasek, Khazanah, ATIC, GGV, CVCI and DCM. Shane has acted as advisor on many technology M&A transactions including SaS acquisition of Covalent, sale of Singapore Computer Systems to NCS in 2009 and the private equity buyouts of SPI, Unisteel, MMI and Acument. Prior to his banking career, Shane was a strategy consultant with Bain and Company and GEM Consulting in Australia.
Shane currently serves as a board member of Singapore Venture Capital Association (SVCA) and Co-Chairman of the SCVA Venture Capital Committee.
Shane has an MBA with distinction from INSEAD Singapore where he was a recipient of the IAA Asian Campus scholarship and a Bachelor of Laws/Bachelor of Commerce from UWA.