TPG-backed secondaries investor NewQuest deploys one-third of $1b fourth fund

Amit Gupta, Partner, NewQuest Capital

Asia-focused secondaries investor NewQuest Capital Partners, which is majority-owned by global PE major TPG, has deployed one-third of its fourth fund, NewQuest Asia Fund IV, L.P. (Fund IV), according to the firm’s Singapore-based partner Amit Gupta.

Fund IV hit its final close in November 2019 at $1 billion.

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