SBI plans second cleantech fund
Japanese financial services group SBI Holdings plans to raise ¥30 billion ($332 million) for a second venture fund with a special focus on Asia’s clean technology sector, forecasting an expected IRR of 25-30%.
The firm slated fundraising for this year, and will try to engage global LPs such as Singaporean SWF Temasek Holdings and the Middle East's Masdar Clean Tech Fund, a $250 million clean technology-focused...
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