Evergreen Assets Management looks to raise $73m for Indochina expansion

Singapore-based Evergreen Assets Management is raising a $73 million (S$100 million), five-year, closed-end fund to finance the expansion of its business in Indochina and Singapore, the company said in a press statement on Tuesday.

So far, Evergreen has received commitments for around S$25 million from accredited investors. The company has engaged Davy J Goh, of Passion Venture Capital, as the fund manager.

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