Sistema Asia Capital in the market for $120m SE Asia-focused fund

Sistema Asia Capital in the market for $120m SE Asia-focused fund

Singapore. Photo by Andrew Kow on Unsplash

Sistema Asia Capital, the venture arm of Russian private investment firm Sistema PJSFC, is raising a $120 million fund to make investments in Southeast Asia. It has appointed Edward Tay as its new Singapore-based chief executive officer to drive its investments in the region.

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