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Malaysia's Creador invests $55m in Philippines-focused DALI Stores

Fund's founder says country will be among its most active investment markets

DALI says that the Philippines is among the highest food-spending and disposable-income markets in Asia. (Source photos by screenshot from DALI Stores' website) 

HANOI -- Malaysia-headquartered private equity firm Creador has invested $55 million in Switzerland-based retailer DALI Stores, which operates a chain of discount grocery stores in the Philippines.

Creador joined Philippines-based private equity firm Navegar for the investment, which was closed in early January, Creador founder Brahmal Vasudevan told DealStreetAsia.

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