East Ventures on Instagram: "EV Growth, our growth fund affiliates, has hit the hard cap of its first fund at US$250 Million, exceeding the firm’s initial US$150 Million target. This milestone is the result of the firm’s admission of new Limited Partners (LPs) which include several Asian based family offices and two of Asia’s largest sovereign wealth funds, including Temasek. . Presently, EV Growth has deployed more than 50 per cent of its total funds in 20 deals. 80 per cent of EV Growth’s portfolio companies are Indonesian, where the fund’s IRR stands at 36 per cent. . By having two funds, East Ventures supports the start-up ecosystem and has been consistent, long term and founder friendly. We plan to deploy US$325 Million for Southeast Asian startups combining active funds size, for both seed and growth stage . Read more at: bit.ly/EVG250M"

eastventures

View this post on Instagram

A post shared by East Ventures (@eastventures)