KV Asia Reaches US$100 Million First Close (Asia)

Source: PE Asia  |  Author: Clare Burrows

Singapore-based private equity firm KV Asia Capital has reached a first close on its first fund, which will focus on growth capital and early stage deals in Indonesia, Malaysia, Thailand, the Philippines and Vietnam. Commitments for the first close were reportedly greater than US$100 million, with the fund targeting US$250 million in total commitments. The fund was originally targeting a final close of US$500 million.