PARACHUTE CAPITAL (SGP) PTE. LTD. Business Review
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TrustScore
PARACHUTE CAPITAL (SGP) PTE. LTD.
UEN:202030399Z
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TrustScore Analysis
PARACHUTE CAPITAL (SGP) PTE. LTD. has a TrustScore of 80. Businesses in this range are generally considered reliable. However, it's still advisable to conduct reasonable checks before engaging in transactions.
Our preliminary analysis has revealed key insights about PARACHUTE CAPITAL (SGP) PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for several years
Official business profile found on major search engines
Negative highlights
- No employer brand presence on career platforms
- Not accredited by CaseTrust
- Does not have accessible contact information online
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Associated News for PARACHUTE CAPITAL (SGP) PTE. LTD.
Google cofounder Sergey Brin's family office to open in Singapore - ET Telecom
Bayshore’s Singapore filings show its primary activity will be family office related. The office takes its name from North Bayshore -- the section of Mountain View, California where Google has its headquarters. Its Singapore unit is held through a holding company named Parachute Capital (SGP) Pte., which also lists Young as a director. Representatives for Alphabet and Bayshore didn’t immediately reply to requests for comment. Young didn’t reply to an email seeking comment. The move comes as Singapore’s government seeks to attract the world’s wealthiest people to its shores. The jobs and training they offer to locals are key drivers behind tax incentives and a global investor program that gives ultra-rich individuals a pathway to permanent residence. About 200 single-family offices are estimated to be managing assets worth about $20 billion in the city as of October.
Google co-founder Sergey Brin's family office to open in Singapore
Mr Brin co-founded search giant Google - now a unit of Alphabet - with Mr Larry Page in 1998. As the company expanded globally, Singapore became a regional hub and the pair reportedly visited the city in 2016 to meet its leaders and learn about its development. While the men have stepped away from active management of the company, they still own super-voting shares giving them control. Bayshore's Singapore filings show its primary activity will be family office related. The office takes its name from North Bayshore - the section of Mountain View, California, where Google has its headquarters. Its Singapore unit is held through a holding company named Parachute Capital (SGP), which also lists Ms Young as a director.
3 February 2021
Google Co-Founder Brinâs Family Office to Open in Singapore
Bayshore’s Singapore filings show its primary activity will be family office related. The office takes its name from North Bayshore -- the section of Mountain View, California where Google has its headquarters. Its Singapore unit is held through a holding company named Parachute Capital (SGP) Pte., which also lists Young as a director. Representatives for Alphabet and Bayshore didn’t immediately reply to requests for comment. Young didn’t reply to an email seeking comment. The move comes as Singapore’s government seeks to attract the world’s wealthiest people to its shores. The jobs and training they offer to locals are key drivers behind tax incentives and a global investor program that gives ultra-rich individuals a pathway to permanent residence. About 200 single-family offices are estimated to be managing assets worth about $20 billion in the city as of October.
3 February 2021
Google Co-Founder Launches Singapore Family Office
Sergey Brin’s Bayshore Global Management established an office in Singapore late last year, according to corporate documents, under the name North Bayshore – the same name as the area where Google’s headquarter is located. It is held under holdings company Parachute Capital (SGP) which lists Marie Young, who is also the deputy chief investment officer of Bayshore Global Management, as its director. Brin is the co-founder of Google and the ninth richest person worldwide, according to the «Bloomberg Billionaires Index», with a net worth of $86.4 billion.
3 February 2021
Company Industry
Singapore Standard Industrial Classification (SSIC)
64202
OTHER HOLDING COMPANIES