Malaysia’s Creador targets July IPO for CTOS; plans to exit Bank Index

Brahmal Vasudevan, founder and CEO of Creador at DealStreetAsia’s Asia PE-VC Summit 2019 in Singapore. Photo: DealStreetAsia

Malaysia-headquartered private equity firm Creador, which is hitting the road to raise up to $650 million for its fifth vehicle, is also preparing its exit pipeline for 2021, according to its founder and chief executive officer Brahmal Vasudevan.

Creador, which has closed two big vehicles in the last five years, is targeting to divest stakes from its over five-year-old investments in Malaysian credit reporting agency CTOS Holdings and Indonesian lender Bank Index.

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