Singapore's Dymon closes Fund II at $450m
Singapore-based Dymon Asia Private Equity (DAPE) has closed its second fund targeting lower middle-market companies in Southeast Asia with $450 million in commitments. It had initially targeted a corpus of $350 million.
Fund II was launched in October last year and reached a first close of $325 million in December. It will make growth and control investments in companies that have annual profits of $5-30 million. LPs...
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