The company is learnt to have organised a roadshow for Thai investors.
The firm had launched its latest fund in August 2018.
Gan is expected to depart the VC firm at the end of this month.
China accounted for approximately 40 per cent of the region’s transaction value.
The PE firm had secured $2.1 billion in commitments by the end of April.
beFinancial will offer cashless payments to users for their rides, phone bills and in-store payment.
The fund will back Israeli startups in the food and beverage value chain.
The funding is part of a pre-Series C round as the company gears up for expansion.
It also committed $200 million to Bain Capital Distressed and Special Situations Fund 2019, and $75 million to Incline Elevate Fund.
About $62 billion will be deployed by APAC real estate funds in 2019-23.
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