Navis Capital Partners Raises US$1.5 Billion for Its Seventh Fund (Asia)
Source: Asian Venture Capital Journal | Author(s): Tim Burroughs
Southeast Asia-focused private equity firm Navis Capital Partners has closed its seventh private equity vehicle with US$1.5 billion in capital commitments. The fund, which had originally targeted US$1.25 billion, reached a US$860 million first close in December 2013. The final close included the addition of a shariah-compliant parallel vehicle. The fund will focus on mid-market buyouts predominantly in Southeast Asia.