Southeast Asia’s technology-focused private equity firm Asia Partners has so far raised $373 million for its second buyout fund and a feeder fund, its filing with the US Securities and Exchange Commission showed.
The firm, launched by former Sea Ltd president Nick Nash and Naspers B2C e-commerce division’s former CEO Oliver Rippel, disclosed that Asia Partners II and its feeder fund, Icosahedron, have already secured commitments from 102 investors since the official filing in April last year.