Private equity and venture capital managers reported dry powder, or committed but undrawn capital, totalling S$90 billion and S$5 billion, respectively, the survey showed.
There has been a big influx of family offices and funds to Singapore, especially from China, and funds and tycoons have been snapping up premium properties and backing start-ups based in the city and the region.
The MAS said the number of licensed and registered fund management firms in Singapore rose 15 per cent to 1,108, as of last December.
Funds have also taken advantage of generous tax breaks and incentives offered by Singapore as it seeks to burnish its credentials as one of Asia’s main financial services hubs.
The launch of a new corporate structure called variable capital companies (VCC) in Singapore in 2020 has attracted a wide spectrum of asset managers, including family offices, hedge funds and private equity.
The MAS survey said more than 660 VCCs had been set up or re-domiciled in Singapore as of Oct 14 this year compared with more than 400 in the year earlier.