Singaporean venture capital firm Monk’s Hill Ventures has listed the target for its second venture capital (VC) fund.
Monk’s Hill Ventures has set the fund’s hard capitalization at $150 million, adding a $30-million buffer to its initial target of $120 million.
The company's second fund targets early-stage and Series A and B investments and seeks to back companies wanting to expand in Asia.
Monk’s Hill Ventures' second vehicle is about 50 percent larger than its maiden fund and its final close is targeted for the first half of 2019.