Dymon Asia Private Equity Holds First Close (Asia)

Source: Asian Legal Business

Dymon Asia Capital, a Singapore-based alternative investor, has held a first close on its Southeast Asia-focused private equity fund, Dymon Asia Private Equity, at SGD203 million (approximately US$165 million). The fund will invest in small- and medium-sized enterprises in Singapore and other Southeast Asian countries and is targeting SGD300 million (approximately US$245 million) in total capital commitments.