CEBU, Philippines -- Global investment firm Eurazeo has announced it has hit the final close of Smart City Fund II at 400 million euros (about $450 million), exceeding its 200 million euro initial target.
Thailand's Banpu, Singapore's Momentum Venture Capital among participants

Eurazeo is one of Europe's major private equity firms. (Source photo by Reuters and logo from Eurazeo's website)
CEBU, Philippines -- Global investment firm Eurazeo has announced it has hit the final close of Smart City Fund II at 400 million euros (about $450 million), exceeding its 200 million euro initial target.