Tower Capital private equity fund focusing on Singapore for now

Firm will wait and watch before expanding into other parts of Southeast Asia

20221013 tower capital asia

Tower Capital Asia closed its first fund at $379 million in September, surpassing its original target of $300 million. (Source photo from Tower Capital Asia website)

NGUYEN THI BICH NGOC, DealStreetAsia

HANOI -- Tower Capital Asia's maiden private equity fund, which is expected to soon hit nearly 60% deployment, will focus on opportunities in Singapore before expanding into other Southeast Asian markets, according to a top executive of the firm.

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