Creador readies to raise $600m for fifth fund

Malaysia-based private-equity firm Creador, which primarily invests in South and Southeast Asia, plans to pitch its latest fund to investors starting next month, according to the Wall Street Journal.

Citing a person familiar with the matter yesterday, WSJ said the move is less than two years after Creador collected US$565 million for its fourth fund.

The report said Creador is aiming to raise US$600 million for its fifth fund and plans to invest in Thailand, a new region for the firm.

It quoted the person as adding that almost 70% of the Creador IV LP fund as having been invested.

Source: The Edge Markets