Tower Capital Asia Reaches USD324m Final Close for Debut PE Fund

Source(s): Tower Capital Asia

Tower Capital Asia reached a USD324m final close for its debut fund Tower Capital PE Fund I, with an additional USD55m in co-investment commitments. The fund will target the business services, consumer, education, healthcare and manufacturing sectors in Singapore and the rest of Southeast Asia. The fund has deployed about 40% of its capital into three investments so far: Boardroom Group, Indigo Education Group and I Can Read Asia. Read more