![[Updated] SG's Affirma Capital closes fifth Korea fund at $473 million](https://media.dealstreetasia.com/uploads/2021/08/Seoul.jpeg?fit=1280,799&resize=1920,undefined&q=75)
Singapore-based private equity firm Affirma Capital has announced the final close of its fifth Korea fund at 543 billion won (about $473 million).
The fundraising is the first since the firm’s spin-off from Standard Chartered Bank and is twice the amount of the predecessor, Ascenta IV.
