| From WSJ: Baring Private Equity Asia said it raised US$2.46 billion from investors for deals, one of the largest pools of capital collected in the region by a private-equity fund since the global financial crisis. For the first time, sovereign-wealth funds committed to investing in a Baring fund, according to Jean Eric Salata, Baring's chief executive and founder.
Baring, previously part of Dutch insurer ING Groep NV, initially targeted US$1.75 billion for its fifth fund..............................................Full Article: Source
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