Malaysian PE firm Creador makes first close of fifth fund at $500m

Creador founder and CEO Brahmal Vasudevan

Malaysian private equity firm Creador has made the first close of its fifth fund at $500 million and is looking to announce three new deals in August, according to a source familiar with the matter.

Although details of the transactions could not be ascertained, Creador CEO Brahmal Vasudevan had earlier told DealStreetAsia in an interview that it is looking to invest in a quick-service restaurant player in India and a Malaysian firm.

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