Buoyed by huge demand, Kenanga Investors – the asset management subsidiary of Malaysian lender Kenanga Investment Bank – has launched Kenanga Global Unicorn 2 fund offering investors an opportunity to back unicorns and earn mid-term capital appreciation.
The second fund comes barely five months after Kenanga Investors launched Kenanga Global Unicorn 1 (KGU1) which surpassed its targeted fund size of $20 million by over 1.5x.