Axiom Asia has closed its $1 billion Fund IV, which was oversubscribed and had an initial target of $750 million.
By Anuradha Choudhary
Singapore-based private equity firm Axiom Asia Private Capital plans to invest up to 15% of its new $1.03 billion fund in India, a top executive said. The fund—Axiom Asia IV, its fourth private equity fund of funds—recently marked its final close, against a target of $750 million. It seeks to… Read more »
Axiom currently manages three private equity funds of funds, with total commitments of over $2.5b. Axiom’s first fund was closed in 2006 at $440m, second fund was closed in 2010 at $950m, while the third fund closed in 2012 at $1.15b.