ADB commits $60m to Creador's latest PE fund as return LP

ADB commits $60m to Creador's latest PE fund as return LP

Brahmal Vasudevan. Photo: Creador

The Asian Development Bank (ADB) has committed $60 million to Malaysia-based private equity firm Creador’s fifth fund, according to an announcement.

Creador V, which has a targeted size of $600 million, will invest in middle-market companies operating across business services, consumer goods and services, healthcare, pharmaceuticals, financial services, and manufacturing, in markets such as India, Indonesia, Malaysia, the Philippines, and Vietnam, ADB said.

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