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Heir to Malaysian fortune seeks US$200mil for private markets​

Heir to Malaysian fortune seeks US$200mil for private markets​

6 hours ago

Bloomberg
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Iris Capital Partners managing partner Rachel Lau plans to take a majority stake of 50% to 80% in global firms and support their expansion.​

Rachel Lau is the daughter of the late Lau Boon Ann, who built his fortune in real estate and was an early investor in Top Glove Corp. (Iris pic)
PETALING JAYA: Iris Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise US$200 million from institutional investors, the latest family wealth vehicle to open up to outside capital.
“The firm is seeking cash for a new private credit and private equity fund,” managing partner Rachel Lau said in an interview.

She’s the daughter of the late Lau Boon Ann, who built a fortune in real estate and was an early investor in Top Glove Corp, the world’s largest manufacturer of rubber gloves.

 

[k1976]

I fully invested liao
Cik. I know u keyi de woh