May 17, 2021
Multi-strategy private equity house Siguler Guff has sealed a $240m final close for its first fund targeting direct deals in the emerging markets.
Siguler Guff said the GEMCo fund would back companies with proven management teams that are establishing category leadership, with a primary focus on China, India and Southeast Asia.
The vehicle will target high-growth, expansion-stage businesses, and has already made investments in the e-commerce, internet marketplaces, organised retail, consumer mobility and enterprise software sectors.
Siguler Guff said it already has a successful history investing in Asia, Latin America and Eastern Europe, deploying more than $4.5bn over the past decade through fund investments and direct deals.