Dymon Asia raises $593m

The Singapore-headquartered firm has raised capital to invest in diversified sectors across Asia.

Fund: Dymon Asia Private Equity Fund III
Amount raised: 
$593 million
Target size: $600 million
Stage of fundraising: 1st close
Time on the road: 5 months
Predecessor fund: Dymon Asia Private Equity Fund II

Dymon Asia has held a first close for Dymon Asia Private Equity Fund III on $593 million. The fund will invest in diversified businesses in Asia.

The predecessor fund, Dymon Asia Private Equity Fund II, held final close in April 2018 with $450 million.