Fundraising - JUNE 11, 2015

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

CLSA Capital reaches $1b target

by Andrea Waitrovich

CLSA Capital Partners has raised $1 billion for its Fudo Capital III, according to a filing with the SEC. The firm has reached its equity fundraising target; however, an official final close announcement has not been made.

The pan-Asian fund launched this year. It will target value-added/opportunistic investments with a particular focus on Australia, China, Hong Kong, Japan, Singapore, South Korea and Taiwan.

Its predecessor, Fudo Capital II, closed in November 2009 after exceeding its $750 million fundraising goal by garnering $815.85 million in total commitments.

CLSA Capital Partners is the alternative asset management arm of CLSA Asia Pacific Markets.

Fudo Capital III is the third mega-fund (raising equity in excess of $1 billion) with a strategy to invest in Asia Pacific to close this year, according to IREI’s

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy