Saturday, 28 February 2015
Last updated 1 day 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…