Polaris-backed Altair Capital hits first close of $150m maiden ASEAN fund

The central business district in Singapore. Photographer: Ore Huiying/Bloomberg

Japan’s Polaris Capital Group-backed Altair Capital has made the first close a little below $100 million for its maiden ASEAN fund, a top executive with the firm told this portal.

Gary Ng, a partner at Altair Capital, said the firm was planning to raise $150 million in total by June next year.

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