Asia Alternatives Announces Fund Closings of over US$1.8 billion
"We are extremely grateful that a significant number of our original limited partners continue to support us and we are pleased to have added a number of highly respected and well-recognized new investors in Fund IV," said
The largest of the Funds is
The Fund IV closings totaling over
"In the 10th year since our founding, Asia Alternatives is proud of the strong partnerships we have formed with both our investors across the world and with our fund managers across
The Funds are focused on building a diversified portfolio with an emphasis on top-performing local Asian fund managers. Asia Alternatives invests in
"Portfolio construction is a critical focus at Asia Alternatives, as we seek risk diversification across geographies, strategies and managers that we actively monitor. The opportunity set for
Approximately 80% of investors in AACP IV were from pre-existing relationships in AACP III, AACP II and
Asia Alternatives is one of the first independently formed Asian private equity fund-of-funds. The firm also received the first Limited Partner QFLP (Qualified Foreign Limited Partner) license in
About
Asia Alternatives is a solution platform dedicated to helping institutional investors make investments in private equity across Asia. The firm was founded in 2005 by
Asia Alternatives invests with top performing private equity fund managers across
This press release does not constitute the offer of advisory services or offer of a security or the solicitation of an investment.
For More Information:
Investor Contact:
Tel: +1 (415) 723-8101
[email protected]
Media Contact:
Tel: +1 (203) 992-1230
[email protected]; [email protected]; [email protected]
Media Contact for Asia Ex-Japan:
Tel: (852)3758 2686 / (852)3758 2687
[email protected]; [email protected]
Media Contact for
Tel: (813)4360 9000
[email protected]; [email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/asia-alternatives-announces-fund-closings-of-over-us18-billion-300065598.html
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