Singapore-based venture capital firm Tanglin Venture Partners is targeting the final close of its second fund at over $100 million by the end of the third quarter this year, two sources aware of the development told DealStreetAsia.
The company is learnt to have already raised more than half the targeted amount in the fund’s first close a few months back, the sources added. Limited partners (LPs) that have invested in the second fund, so far, include funds and family offices based in the US and Southeast Asia.
