SSG’s special sits fund halfway to $300 million target
SSG Capital has held a second close of $160 million on its Asia-focused distressed deals fund.
![SSG’s special sits fund halfway to $300 million target](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FEdwin%20Wong1%20crop.jpg&c=1&h=677&q=100&v=20241401&w=1204)
SSG Capital Management has held a second close at $160 million for its second special situations fund, with about three-quarters of the capital coming from European investors.
SSG Capital Partners II was launched in February this year with a target of $300 million and a hard cap set at $400 million. The fund, which focuses on distressed deals in Southeast Asia, India and Greater China, held a first close in March at $85 million, with most of the capital coming from the firm’s exis…
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