Asian investors back Eurazeo close of Smart City Fund II at $450m

Thailand's Banpu, Singapore's Momentum Venture Capital among participants

20230721 DSA Eurazeo

Eurazeo is one of Europe's major private equity firms. (Source photo by Reuters and logo from Eurazeo's website)

MARS W. MOSQUEDA JR., DealStreetAsia

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.

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