Monday, 31 August 2015
Last updated 25 min ago
Jul 11 2007 | 9:51am ET
New York-based private equity firm Clearwater Capital Partners recently held a final close of Clearwater Capital Partners Fund III with $900 million in committed capital.
The fund’s strategy is focused on building a diversified portfolio of special situation investments, distressed and undervalued assets and securities in Asia, excluding Japan. “We have a very positive view of the investment opportunities in special situation investing in Asia and the extremely robust investor interest we witnessed in the fundraising for Fund III is evidence that others share our enthusiasm for the region and the asset class,” said Robert Petty, co-founder.
Investors in the new fund comprise of institutional and individual investors including state and corporate pension funds, fund of funds, endowments, foundations, insurance companies and family offices in the U.S., Asia and Australia.
Petty and co-founders Amit Gupta and Bruno Beuque founded the firm in 2001.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…