Asia Alternatives Management closes on $1.8 billion in commitments
Tuesday, April 14, 2015
(Pensions & Investments by Arleen Jacobius) – Asia Alternatives Management has $1.8 billion in new commitments in private equity fund of funds Asia Alternatives Capital Partners IV, and its related private equity fund-of-funds vehicles, said Melissa Ma, co-founder and managing director.
Asia Alternatives Capital Partners IV, along with its sleeve fund focused on investments outside Japan, AACP IV Ex-Japan Investors, closed on a combined $1 billion of committed capital, above their combined target of $750 million. The remainder of the capital raised is in separate accounts. Fund IV and the related fund vehicles’ total capital is 20% more than the firm raised in August 2012 when it closed on $1.5 billion in its third fund, related funds and separate accounts.
