Hahn & Company closes first fund
Hahn & Company, the South Korea-focused private equity firm founded by Scott Hahn, formerly Morgan Stanley Private Equity (MSPE) Asia’s (MSPEA) chief investment officer, has recorded a final close on its first fund, reaching the hard cap of $750 million. The original target was $600 million. The fundraising was completed just over a year after Hahn left MSPE in May 2010 to start his own venture.
There are believed to be two anchor investors in the fund - Temasek Holdings and Asia Alternatives - and about 30 LPs in total. Most of them are foreign and they include well known institutions from Asia...
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