UOB’s PE arm raises $39m so far for latest fund from US investors

UOB’s PE arm raises $39m so far for latest fund from US investors

UOB in Singapore. Credit: United Overseas Banking Group

UOB Venture Management, the private equity arm of Singapore-based bank UOB, has made another close of its latest vehicle that will invest in businesses in Southeast Asia and China, its filing with the US Securities and Exchange Commission showed.