Indies Capital hits first close of $100m for third Special Opportunities Fund

Singapore. Photo by Andrew Kow on Unsplash

Singapore-based alternative asset manager Indies Capital has secured more than $100 million in capital commitments for its third flagship fund, the firm said in a statement on Monday.

The fund secured capital commitments from Pavilion Capital, the growth equity unit of Singapore’s Temasek Holdings, as one of its anchor investors. Institutional investors, corporates, and families have also backed the fund’s first close.

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