DEG, the investment arm of German state-owned development bank KfW, has committed to invest $30 million in the latest private equity fund of Singapore-headquartered fund manager Mizuho Asia Partners.
The fund, Exacta Asia Investment III, is a PE vehicle focused on lower-middle market companies across consumer-driven sectors, manufacturing, and B2B services. Its primary geographic targets are Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.
