Thai fund manager PrimeStreet Capital gathers $160m so far for three vehicles

Thai fund manager PrimeStreet Capital gathers $160m so far for three vehicles

(Clockwise from top left) Sitthinat Watana, Senior Analyst; Pornsit Poovanakijjakorn, General Partner; Bernard Gawkasem, Managing Director; Supavat Cholvanich, General Partner; and Virit Vichitvadakan, General Partner at PrimeStreet Capital

Bangkok-based alternative investment manager PrimeStreet Capital has accumulated a total of $160 million so far for three of its global funds, a top executive told DealStreetAsia. 

PrimeStreet Capital, the private fund management arm of local financial advisory firm PrimeStreet Group, has hit the first close milestone for the three vehicles. It has amassed $30 million each in the first close of its venture capital fund RP Venture Alliance Fund I (RPVAF-1) and growth SMEs fund RP Growth Alliance Fund I (RPGAF-1). The funds, which have attracted commitments from a Thai family office, were launched in June 2022.

Edited by: Padma Priya

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