
TR hits $350m first close on fifth Asia secondaries fund - update

TR Capital, an Asia-focused private equity secondaries investor, has reached a first close of USD 350m on its fifth fund, which has an overall target of USD 600m.
Colin Sau, a managing partner at the firm, told Mergermarket, AVCJ's sister publication, that the first close came in the first week of January. He added that TR Capital hopes to reach a final close...
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