Northstar Equity Partners IV Reaches a Final Close with US$810 Million in Capital Commitments (Asia)

Source: Asia Venture Capital Journal  |  Author(s): Tim Burroughs 

Southeast Asia-focused private equity fund manager Northstar Group has reached a final close on Northstar Equity Partners IV with US$810 million in capital commitments. The fund was launched in 2014 with a target of around US$800 million. Northstar Equity Partners IV will follow a similar strategy to its predecessor, aiming to commit 70 percent of the fund in Indonesia and the rest in other Southeast Asian markets.