KV Asia Capital, of Singapore, has collected $263 million with its first fund. Investors of KV Asia Capital Fund I include global institutions, pension funds, endowments, financial institutions, fund of funds and family offices. KV Asia Capital invests in mid-sized companies in South East Asia. MVision Private Equity Advisers acted as global placing agent. O’Melveny & Myers was legal counsel.
23 August, 2013 – Singapore – KV Asia Capital, the Singapore headquartered private equity firm focused on making significant equity investments in quality mid-sized companies in South East Asia, today announced the US$263 million final closing of its first fund, KV Asia Capital Fund I (the “Fund”).
KV Asia Capital attracted commitments from a diverse range of leading global institutions, including pension funds, endowments, financial institutions, fund of funds and family offices.
“We are pleased with the positive response to our offering and the recognition we have received. We have a high caliber team and are now eager to execute on our commitment to help mid-sized companies grow through operational value add and cross border activity.” said Karam Butalia, Executive Chairman at KV Asia Capital.
“The fund raising market continues to be challenging, but the success of KV Asia Capital demonstrates that top-tier performers with a proven long-term track record of delivering returns will continue to attract capital from major international investors.” said Niklas Amundsson, Partner at MVision Private Equity Advisers.
The Fund will seek to capitalize on the unique investment opportunities offered by the fast growing economies in South East Asia and to facilitate profitable change. It will continue the team’s proven successful investment strategy focused on growth, value and quality to deliver superior investment results to investors.
MVision Private Equity Advisers acted as global placing agent. O’Melveny & Myers LLP acted as legal counsel.
Founded in 2010, KV Asia Capital is a private equity firm focused on making significant equity investments in quality mid-sized companies in South East Asia. Our goal is to be a partner of choice providing more than capital and ensuring value add throughout the investment process. KV Asia Capital has an experienced, cohesive and multidisciplinary team with the necessary expertise to partner with investee companies to facilitate profitable change and to implement strategic, operational and financial initiatives. KV Asia Capital has offices in Singapore and Jakarta.