(Reuters) – RRJ Capital, a Hong Kong firm led by prominent Asia dealmakers the Ong brothers, has raised $3.5 billion for its second fund, a source with knowledge of the matter told Reuters, making it the second-largest Asia Pacific-based private equity fund ever raised.
The firm – run by Malaysia-born Richard Ong, formerly of Goldman Sachs Group Inc, and Charles Ong, who worked for Temasek Holdings Pvt Ltd and Lazard – is expected to finalise the fund in early March, after setting out to raise $5 billion, the source said.
