SINGAPORE, March 25, 2025 — In a bold move signaling a fresh strategic direction, 9Basil Group has officially rebranded its second private equity fund, formerly known as 9 Basil Fund 2, to the Arc 9 Growth Fund.

This transition comes on the heels of significant changes within the management team and will be overseen by Arc 9 Capital, a firm dedicated to unlocking potential in Southeast Asia.

The shift in management has seen Schwin Chiaravanont stepping down from the Fund's leadership. He has exited as a shareholder but will continue his role as co-manager of 9 Basil Fund 1 alongside Managing Partner Kris Panijpan, who remains committed to steering the Fund into new realms of growth.

9 Basil Fund 1 has successfully backed several notable companies, including Ngern Tid Lor and Sourcefit, showcasing the firm’s capability in identifying lucrative investment opportunities.

Taking the reins at Arc 9 Capital, Panijpan will collaborate with Purat Osathanugrah, a prominent businessman and philanthropist known for his investment acumen and support of the arts.

Osathanugrah underscored the immense opportunities that Thailand and Southeast Asia present, stating, “With the right vision, capital, and strategic guidance, businesses here can not only thrive but lead.” His insights reflect a growing optimism in the region, where economic prospects are gradually improving.

As Panijpan noted, we are at the dawn of a new era characterized by generational, demographic, geopolitical, and technological shifts.

“Arc 9 is positioned to be the ideal partner for business owners and management teams looking to enhance capabilities and explore new markets,” he emphasized.

Beyond mere capital infusions, the firm aims to provide valuable connectivity and expertise in cutting-edge technology to propel these businesses forward.

Looking ahead, Panijpan revealed that the Fund anticipates closing 2 to 3 deals in the upcoming months, signifying an active approach toward growth and investment.

About Arc 9 Capital

Arc 9 Capital stands out as a strategic asset manager focused on investing in Southeast Asia. Their approach combines deep regional expertise with a commitment to sustainable growth for businesses.

Arc 9 not only provides financial resources but also delivers invaluable insights, networks, and operational guidance, positioning themselves as partners for success as they seek to create long-term value in the thriving Southeast Asian market.

With a dedicated team of 12 professionals based in Thailand and Singapore, Arc 9 Capital is poised to lead the charge in transforming the investment landscape in the region.

Stay tuned as Arc 9 Growth Fund embarks on this exhilarating journey and watch for their impactful investments that could reshape the industry!