Wednesday, 27 May 2015
Last updated 3 hours ago
Feb 4 2013 | 4:02pm ET
Asian private equity firm RRJ Capital has raised US$3.5 billion for its second fund, far short of its target.
The Hong Kong- and Singapore-based firm has spent seven months raising money for RRJ Capital Master Fund II, which will formally close next month, The Wall Street Journal reports. RRJ had hoped to raise US$5 billion for the fund.
RRJ raised US$2.3 billion for its first fund, which closed in 2011.
RRJ focuses on China, Southeast Asia and the U.S. energy sector.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…