ADB makes LP commitment to KV Asia's second fund
Asian Development Bank (ADB) has confirmed an investment of USD 15m in the second Southeast Asia lower middle market private equity fund from KV Asia Capital.
It follows a first close of USD 100m featuring Adams Street Partners and HarbourVest Partners last year. The target is USD 300m. “Through KV Asia II, ADB will help improve access to financing for mid-sized...
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