Wavemaker Partners raising $100m third fund, IFC may put in $5m

Paul Santos, Managing Partner, Wavemaker Partners

South-east Asia focused early-stage investor Wavemaker Partners is targeting to raise a $100-million third fund in which International Finance Corporation, a member of the World Bank group, is likely to come in as a limited partner.

DEALSTREETASIA had first reported this development in August last year, that said the firm was looking to raise $80 million to $100 million for its third vehicle, and added that it had begun soft marketing the fund.

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