One Championship to Receive Major Investment to Promote Growth, Expansion into Asia

One Championship has received a major financial boost that could lead to further growth for the Singapore-based mixed martial arts promotion.

According to a release, One Championship “has entered into definitive agreements with a consortium led by Heliconia Capital Management for an investment into the company.” Heliconia, a wholly owned subsidiary of Temasek Holdings, focuses on “growth oriented Singapore companies.” Temasek's website states that its net portfolio value is $242 billion.

The partnership is expected to help One Championship continue its expansion and lead to more events in Asia, especially in China. Thus far the promotion has held six events in China.

“I believe this partnership marks the beginning of a long and fruitful journey to bring One Championship to the rest of the world,” One Championship CEO Victor Cui said in a release. “Heliconia is a well-respected investment firm with the expertise, resources and contacts across Asia. For us, this investment by Heliconia represents a strong vote of confidence and a belief in the value that One Championship can bring. This partnership will unlock additional markets and opportunities for One Championship.”

Added Heliconia CEO Derek Lau: “We believe One Championship can potentially be the next big thing for consumers in Asia. They have the right product for Asia, they understand Asia and know how to monetize the value proposition in various ways in the New Economy. We are really excited to see One Championship taking the lead in the coming years to grow the sports media and entertainment industry in Asia.”