Ekuinas fund brings RM582mil returns


Chief executive officer Syed Yasir Arafat Syed Abd Kadir (pic) said the PE industry reflected a significant change in deal numbers over the last decade, recording an almost five-fold growth rate.

PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas), the government-linked private equity fund management company, recorded a gross portfolio return of RM582.9mil for its Ekuinas Direct (Tranche II) fund last year.

In a statement, it said the fund generated an annualised gross internal rate of return (IRR) and net IRR of 13.5% and 9.6%, respectively.

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Ekuinas , fund , Syed Yasir Arafat , investment ,

   

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