SV Investment, Shenzhen Capital to hit $100m first close of SE Asia fund by 2020-end

South Korean venture firm SV Investment and Shenzhen Capital Group are on track to hit the $100- million first close of their Southeast Asian fund by the end of 2020, according to a senior SV Investment executive.

The co-GP (general partner) joint fund has a target corpus of $200-250 million, eyeing growth-stage opportunities in B2B, logistics, telemedicine, and education technology across Southeast Asia.

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