Myanmar PE rm Ascent Capital closes maiden fund at $88m

Singapore-registered, Myanmar-focused private equity firm Ascent Capital has held a final close of its debut fund at $88 million, after collecting over $80 million by June this year, according to a press release. Launched in the first quarter of 2018, the Ascent Myanmar Growth Fund I (AMGF) was seeking to raise between $50 million and […]

Ascent Capital closes Myanmar fund after elections

Singapore fund manager Ascent Capital Partners announced the final close of its debut Myanmar-focused fund, the Ascent Myanmar Growth Fund I LP (AMGF), on November 11. AMGF has attracted total capital commitments of US$88 million since its establishment in 2018, which it says makes it the world’s largest Myanmar-focused private equity fund. This comes after […]