Malaysia’s Kenanga unit launches second global unicorn fund offering

Malaysia’s Kenanga unit launches second global unicorn fund offering

Photo by Wilmer Martinez on Unsplash

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.

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