SG's Ikhlas Capital eyes mid-2020 fund close, rethinks $500m target

SG's Ikhlas Capital eyes mid-2020 fund close, rethinks $500m target

Singapore. Photo by Andrew Kow on Unsplash

Singapore-based private equity firm Ikhlas Capital will close its inaugural fund in the middle of this year, reassessing its planned $500 million target due to the coronavirus outbreak, founding partner and chairman Nazir Razak said.

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