Singapore-based Kembangan Capital Partners (KCP) has secured $725m across two investment vehicles targeting private equity and venture capital opportunities in Asia, with a sovereign wealth fund providing anchor backing, according to a report by Bloomberg.
The report cites unnamed people familiar with the fundraising as revealing that the first vehicle, targeting $500m, will invest in private equity and venture capital funds, while a further $225m has been earmarked for direct investments and co...
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