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Barings closes fifth Asia private equity fund at $2.5 billion

Joe Marsh
Baring Private Equity Asia has doubled its assets under management with the $2.5 billion final close of its latest fund, well over the initial target.
Barings closes fifth Asia private equity fund at $2.5 billion

In a sign that prospects could be getting brighter for private-equity fund-raising, Baring Private Equity Asia has closed its fifth fund, easily beating its original target of $1.75 billion and doubling the firm’s assets under management.

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