Ant Capital passes 80% mark for latest fundraise

The firm has raised 25 billion yen for two secondaries funds targeting a combined 30 billion yen.

Ant Capital Partners, the Japanese private equity firm, has raised over 80 percent of its two latest secondaries funds and is looking to hold a final close in December, Secondaries Investor reports.

Tokyo-based Ant Capital has raised 25 billion yen ($209 million; €186 million) for the funds, Ant Bridge 4-A Private Equity Secondary Investment Fund and Ant Bridge 4-B Private Equity Secondary Investment Fund, which are targeting a combined 30 billion yen, according to Takao Akaogi, managing partner at Ant Capital.

“We’ve held several interim closes,” Akaogi told Secondaries Investor.

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