Wavemaker Partners said to be nearing final close of $120m fourth fund

Wavemaker Partners said to be nearing final close of $120m fourth fund

Wavemaker Partners managing partner Paul Santos. Photo: Wavemaker Partners

Wavemaker Partners is nearing the final close of its $120 million fourth Asia fund, according to sources close to the development.

The Singapore- and Los Angeles-based seed investor is understood to have raised roughly 80% of its target corpus and is on track to hit its final close by the first quarter of 2022. A separate source added that Malaysia’s MAVCAP and Singapore’s Pavilion Capital are joining as limited partners (LPs) in the fund.

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