DSA Summit: Singapore’s Makara Capital’s $700m fund to focus on later-stage startups

Singapore-based private equity firm Makara Capital is looking at later stage deals as its sweet spot even as it plans to steer clear of early stage investments.

“We are bringing private equity to the edge of the venture capital space. So, our sweet spot is going to be in the late stage B, C, D, and growth stages,” said Ali Ijaz Ahmad, the firm’s CEO, at the Asia PE-VC Summit 2017, DEALSTREETASIA’s flagship annual conference in Singapore on Friday.

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