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FUNDRAISING NEWS | January 22, 2025
Malaysian growth equity firm Creador closed its sixth flagship fund at $930M, in line with earlier forecasts and beyond its target of $750M, according to various media reports on January 22, citing interviews with the firm's executives.
VCCircle, citing the company's CEO Brahmal Vasudevan, reported that Creador VI closed at its hard cap, with support from multiple limited partners. As noted in previous reporting by Dakota, investors in the fund include the Asian Development Bank, the International Finance Corp. and FinDev Canada.
The Malaysia-based Creador has to date invested in 54 companies and amassed $3B of AUM, according to its website. It focuses on South and Southeast Asia and has built a portfolio that includes Asialink Finance Corp., Uno Digital Bank, Mr. DIY, Big Pharmacy and Custom Food Group.
Written By: Dakota
December 20, 2024
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