Alternative investment major Baring Private Equity Asia (BPEA) on Tuesday announced that it has reached the final closing of its seventh private equity fund at the hard cap of $6.5 billion in total capital commitments.
The Baring Asia Private Equity Fund VII, raised in 2019, exceeded its target by $1 billion and is over 60 per cent larger than the predecessor fund, The Baring Asia Private Equity Fund VI.
