Baring Private Equity Asia Closes Sixth Fund With $3.2B

Oct 22 2014 | 12:24pm ET

Baring Private Equity Asia has closed its sixth Asia-focused fund with $3.21 billion, surpassing its just-under $3 billion target.

Limited partners in the fund include the Pennsylvania Public School Employees' Retirement System, which committed $100 million, and the San Francisco City & County Employees' Retirement System, which is committing up to $50 million, according to Private Equity News.

Baring's fifth fund closed in January 2011 at $2.46 billion.

The p.e. firm, founded in 1997, has over $5 billion in assets under management.
 


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