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Advantech confirms $50m commitment

The Taiwan-based technology corporate has backed a private equity fund.

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Institution: Advantech
Headquarters: Taipei, Taiwan
AUM: NT$50.20 billion

Advantech has agreed to commit $50 million to Esquarre IoT Landing Fund. The fund is managed by the Taiwan-based Esquarre Capital and capital raised will be invested across the TMT sector in Asia-Pacific.

As illustrated below, the Taiwanese corporate’s recent private equity commitments have focused on venture capital and growth equity vehicles in the TMT sector across Asia-Pacific.

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