Malaysian PE firm Ekuinas launches fourth fund at $240m

Malaysian PE firm Ekuinas launches fourth fund at $240m

Ekuinas CEO Syed Yasir Arafat Syed Abd Kadir speaks at DealStreetAsia's Asia PE-VC Summit 2018 in Singapore.

Malaysia’s state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) on Wednesday announced that it has launched its fourth fund, Ekuinas Direct (Tranche IV) Fund, at RM1 billion ($240 million) with an option to increase to RM1.5 billion ($360 million).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter