
Asia Alternatives raises $1.8b for funds, separate accounts
Asia Alternatives Management has closed $1.8 billion in new commitments from LPs, comprising $1 billion for co-mingled fund-of-funds and $800 million in separately managed accounts.
The firm was last in the market in 2012 when it raised $908 million for its third fund-of-funds and another $600 million for separate accounts. This time around Fund IV has exceeded its $750 million target...
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