Malaysian’s Ekuinas raises $169m
Malaysian SWF Ekuiti Nasional Berhad (Ekuinas) has launched an RM513 million ($169.5 million) vehicle, backed by its three fund managers, that is to invest in small- to medium-sized businesses in the domestic market.
Its three fund managers, which were selected in July of last year, are CIMB Private Equity, KFH Asset Management and Navis Capital Partners. Of the fund’s overall corpus, RM400 million ($132 million)...
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