Ascent Capital gathers over $50m from Temasek, ADB, others for Myanmar-focused fund

Lim Chong Chong, founder and managing partner of Ascent Capital Partners.

Singapore-based Ascent Capital Partners Pte Ltd, a Myanmar-focused investment firm, has received commitments of over $50 million for its newly-launched fund from prominent investors such as Temasek, the Asian Development Bank and Philippine conglomerate,JG Summit Holdings, a top executive told DEALSTREETASIA.

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