Baring Asia completes $4.5b first close on Fund VII
Baring Private Equity Asia has reached a first close of $4.5 billion on its seventh pan-regional fund after approximately five months in the market.
The GP set a target of $5.5 billion for the vehicle, having previously told LPs that it may seek around $6 billion. The first close was confirmed by a source familiar with the situation. Baring declined...
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