Top ten highlights from the APAC PE, VC, and startup ecosystem this week:
- Openspace Ventures closes fourth early-stage fund at $163 million, below target of $200 million in
- Jungle Ventures makes first close of fifth vehicle amid tough fundraising environment.
- Navis Capital Partners raises second continuation vehicle blending primary and secondary capital.
- Trustar Capital secures $1 billion for continuation fund with anchor investor QIA.
- AirTree Ventures raises $67.7 million for new funds from US investors.
- EQT Group sets hard cap of $14.5 billion for ninth Asia buyout fund.
- Mizuho Asia Partners closes third private equity fund at $320 million.
- Boman Group launches new $1 billion venture fund for investments in China and Australia.
- Ortella Global Capital launches $35.5 million fund for early- to growth-stage startups.
- Seafund delays fund closure to mid-2025 due to Indian elections and market conditions.
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