PH-focused PE firm Navegar makes initial close of new fund at $87.1m

Manila Bay, Manila, Philippines. Photo: Eugenio Pastoral/unsplash

Navegar, a Philippines-focused private equity firm, has made an initial close of its new fund at $87.1 million, with 20 investors committing to the vehicle, according to the fund’s latest regulatory filing.

The new fund – Navegar II LP – will invest in middle-market, growth-oriented companies in the country, with a target investment size of up to $18 million.

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