Indonesia’s Capsquare Achieves First Close on Debut Fund (Asia)
Source: AVCJ | Author: Tim Burroughs
Indonesia-focused private equity firm Capsquare Asia Partners has achieved a first close on its debut fund. The fund, targeting US$75 million in total commitments, has reportedly raised three-quarters of that amount. Capsquare is focusing on consumer-driven sectors such as consumer goods, retail, education and healthcare. The firm plans to make investments between US$10 million and US$15 million, mostly for controlling stakes.