US-based PE firm Ally Global Management plans $100m SE Asia fund

Ally Global Management, a US-headquartered alternative investment firm with roots in Thailand, is planning to launch a $100-million Southeast Asia-focused fund within the next 12-18 months, a top executive told DealStreetAsia.

The closed-end fund will make a mix of majority and minority growth investments and will look for companies who require capital in their later stages of operations, Ally Global Management managing partner Kris Eiamsakulrat said.

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