Singaporean private equity and venture capital fund manager Golden Equator Capital has raised $90 million in funding for its two private capital funds.
Golden Equator said in a statement that the two private capital funds were backed by institutional and accredited investors in Singapore, Japan and Korea.
The firm also said that the new capital raised will be used to finance a public-listed company in the region, facilitating its projects in the infrastructure, energy and financial sectors.
Furthermore, Golden Equator is planning to raise a blind fund of $200 million next year and also launch more private capital project funds.