Malaysia-focused private equity firm COPE (formerly known as CMS Opus PE) plans to diversify its base of investors or Limited Partners (LP) to foreign institutional investors in addition to the present cohort of local LPs.
Currently raising its fourth fund, COPE Opportunities 4, that was launched in 2016, the PE firm is expecting to make the final close for the $76 million (MYR 300 million) fund by the end of third quarter this year. Having made a second close at $70 million this January, the firm appears to be have taken longer than expected to close the vehicle.
