Axiom Asia raises $1b for fourth fund-of-funds, beats $750m target

Singapore-based private equity (PE) firm Axiom Asia Private Capital (Axiom Asia) has completed the final close of its oversubscribed fourth fund – Axiom Asia IV, L.P. Fund IV – securing over $1 billion in total commitments for this vehicle from a select group of institutional limited partners (LPs), exceeding its target of $750 million.