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Private equity firm Navis is set to launch its eighth fund Navis VIII in 2018, a vehicle which is likely to be significantly larger than its current 2013-vintage fund Navis VII which is worth $1.5 billion, an executive aware of the development has said.
The firm, which is one of Southeast Asia’s leading PE players, has already deployed over two thirds of its seventh fund which is in its third and final year, a stage when most PE players actively start planning to raise the new successor fund. Going by the status, Navis may start raising the fund early next year. Read more...