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Singapore's Affirma targets first Southeast Asia-focused fund

Sources say investment vehicle would also cover India

Singapore-based Affirma Capital says it oversees more than $3.5 billion in assets, investing in buyout and growth opportunities across emerging markets in Asia, Africa and the Middle East. (Source images by Akira Kodaka and from Affirma Capital website)

SINGAPORE -- Affirma Capital is looking to raise a new fund focused on Southeast Asia and India, according to sources close to the matter.

This is the first time that Affirma, a Singapore-based emerging market private equity company, is raising a fund dedicated to these markets, sources said.

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