Silverhorn's Asia venture investment program to hit first close

Expects to reach as much as $150m of $300m target by year-end

KAVITHA NAIR, DealStreetAsia

SINGAPORE -- Hong Kong-based multi-asset investment company Silverhorn, which is fundraising for its $300 million Asia Venture+ Program (AVP), expects to hit the first close for the fund of funds vehicle at $100 million to $150 million by the year-end.

The program seeks to capture niche venture opportunities in China, Southeast Asia and South Asia.

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