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星期三, 2014年10月15日

(AVCJ by Andrew Woodman) - Baring Private Equity Asia has reached a $3.2 billion first close on its sixth pan-regional fund, exceeding its original target of $3 billion for the entire vehicle.

LPs were informed of the close at the end of last week, according to a source familiar with the situation. AVCJ was previously told that the fund has a hard cap of $3.85 billion, not including the GP contribution. Baring declined to comment.

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