TPG, KKR invest $220m in Singapore’s PropertyGuru
Singapore-based real estate portal PropertyGuru has confirmed S$300 million ($220 million) in new commitments from existing backers TPG Capital and KKR.
KKR is investing via its third Asian private equity fund, which closed in 2017 at $9.3 billion. That fund contributed S$200 million to a Series D round in 2018. TPG first invested in 2015, joining a $129...
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