ASEAN-focused PE firm AIGF exits Malaysian supermarket chain Jaya Grocer

ASEAN-focused PE firm AIGF exits Malaysian supermarket chain Jaya Grocer

ASEAN Industrial Growth Fund (AIGF), a Southeast Asia-focused private equity firm sponsored by Japanese conglomerate Mitsubishi Corporation, has exited Malaysian supermarket brand Jaya Grocer (JG), thereby selling its stake back to the company’s founding family.