Fullerton Fund Management raises $100m as it carves out first Thai PE strategy

Bangkok, Thailand. Photo: Hanny Naibaho/Unsplash

Temasek-linked Fullerton Fund Management has raised $100 million in a first close as it carves out its first Thai private equity (PE) strategy, per an announcement.

The firm said it has partnered with KBank Private Banking, Hatton Equity Partners, and Land and Houses Fund Management to launch this first-ever Thailand-focused PE strategy that is accessible to Thai investors in the form of mutual funds.

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