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Novo Tellus raises its third fund successfully with US $510 million in oversubscribed commitments

Novo Tellus raises its third fund successfully with US $510 million in oversubscribed commitments
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Novo Tellus raises its third fund successfully with US $510 million in oversubscribed commitments

Novo Tellus raises its third fund successfully with US $510 million in oversubscribed commitments
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Singapore s Novo Tellus raises $510 mln for third private equity fund

Singapore-headquartered private equity firm Novo Tellus said on Wednesday it had raised $510 million for its third private equity fund called Novo Tellus PE Fund 3, surpassing its fundraising target.

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Deals in brief: Fikra Ace announces winners of accelerator program, Bayanat and Yahsat to merge into MENA s space tech giant, multiple China and India deals, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

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Novo Tellus raises its third fund successfully with USD 510 million in oversubscribed commitments

Singapore, December 20: Novo Tellus announced today the swift completion of fundraising for its third private equity fund, Novo Tellus PE Fund 3, L.P. (the Fund). The Fund surpassed its fundraising target by 36 per cent and closed fundraising at its hard cap of USD 510 million in commitments.

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