Their investment mandate includes both binary and non-binary therapeutic investments for companies with pre-revenue or consistent cash flow. The company also represents family offices globally and invests in fast-growing startups across various industries, particularly US & SEA companies, with check sizes ranging from 5-100M and stage agnostic. Black Kestral Group is fully compliant with the Monetary Authority of Singapore's standards and works under Xen Capital in Singapore and Hong Kong, with an internal US representative licensed to deal in securities in the USA.