Tuesday, 1 December 2015
Last updated 6 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…