With pandemic-related restrictions of the last two years beginning to ease, Scott Jeun, managing partner and co-founder of The Sylvan Group, is officially hitting the fundraising trail for the private equity firm’s maiden, $400-million fund.
To be sure, the firm has already secured half of the target corpus of Sylvan Asia Growth Fund 1, or about $200 million, from “friends and family”, Jeun said. Commitments have come from family institutions and conglomerates in Korea, Singapore and Indonesia, he said.
