RRJ Capital targeting $5b Asia fund – report
RRJ Capital, the private equity firm set up by former Hopu Investment Management executive Richard Ong, is looking to raise at least $5 billion for its second pan-Asian fund. The vehicle will follow its predecessor in focusing on China- and Southeast Asia-related deals.
RRJ has already received more than $3 billion in commitments from LPs and is targeting a first close in September, Bloomberg reported. The firm's first fund is said to have closed at $2.3 billion and is...
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