It will invest directly in real assets that generate current income along with capital appreciation.
The PE firm is said to have roped in Rippledot Capital to facilitate the transaction.
The fund is targeting to raise $500 million, larger than its predecessor that closed at $290 million.
The fund last year made a first close of around ₹2,000 crore, and has been looking for investment opportunities since then.
CHAMP V is set to collect between $558 million and $627 million,
TTCE is the private school arm of Thanh Thang Cong Group, a Vietnam-based sugar producer.
The fund will take minority stakes in companies making equity investments from $1 million-$15 million in each.
The commitment is for the firm's value-add fund AEW Global Investment Fund T, L.P.
The latest fund in the series, that was launched last year in June, has raised $37.1 million so far.
Rest of Asia
The investors had intended to hold the asset for a longer period but strong demand resulted in an acceleration of the exit.
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