Creador filed a $323 million interim close of its Fund III with the SEC. A source close to the matter told PEI that the fund has already passed the $400 million mark and is approaching its $450 million target.
The Kuala Lumpur-headquartered firm began fundraising in 2015. Its previous fund raised $331 million in 2014.
Creador III will target venture capital opportunities in a diverse number of sectors in the Asia-Pacific region.