Fund unveiled: (from left) Neuberger Berman (NB) Singapore Pte Ltd MD (head of business development) Vincent Lim, principal of NB Brock Williams, NB Asia Ltd head of Asia Pacific Nick Hoar, RHB Asset Management Sdn Bhd chairman Patrick Chin Yoke Chung, Ong and Ho at the launch of the fund.
KUALA LUMPUR: RHB Asset Management (RHB AM) has tied up with New York-based Neuberger Berman (NB) to launch a multi-strategy private equity (PE) fund, the RHB PE Opportunity Fund 1.
The PE fund aims to have a minimum fund size of US$100mil and a target return of 15% to 20% gross internal rate of return per annum over seven years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
