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 »
With offices in San Francisco and Seoul, Altos Ventures has closed $110 million for its second Korean Opportunity Fund (KOF), according to a report. Closed in 2013, its first Korea-centric fund is said to be $60 million. It has also closed four US-facing funds in the last 10 years. According to… Read more »