Creador reaches $250m first close on Fund III
Southeast Asia and India-focused GP Creador has reached a first close of $250 million on its third fund. A final close around the target of $450 million is expected around the end of the year.
The speedy first close - for which around 80% of the capital came from existing LPs - was in part the result of Fund II having nearly exhausted its dry powder, according to a source familiar with the situation....
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