Baring Private Equity Asia Reaches a US$3.2 Billion First Close for Fund VI (Asia)

Source: Asian Venture Capital Journal | Author(s): Andrew Woodman

Asia-focused private equity firm Baring Private Equity Asia has reached a US$3.2 billion first close for its latest pan-Asia fund, Baring Private Equity Asia Fund VI. Investors in the fund, which reportedly has a hard cap of US$3.85 billion, include Pennsylvania Public School Employees' Retirement System, San Francisco City & County Employees' Retirement System and Arizona Public Safety Personnel Retirement System.