Kejora, Intervest to close $100m Southeast Asia fund by 2018-end

Kejora, Intervest to close $100m Southeast Asia fund by 2018-end

Kejora senior team. Photo by Kejora Ventures

Indonesian venture capital firm Kejora Ventures says it is looking to hit the final close of its $100-million joint fund with South Korean counterpart Intervest by the end of this year.

The first close of the fund came in December, raising more than half of the targeted size, at $60 million, from limited partners including Korea Venture Investment Corp., a trust backed by Korea Development Bank and other investors.

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