SEA Deal Ticker
Oversubscribed, yet capped at US$305M: Lakeshore Capital's third fund hunts Thailand's mid-sized firms
The Thai firm, which buys stakes in established private companies, beat its US$250 million target. Cheques run US$10 million to US$50 million across consumer, healthcare, services and industrial firms; up to 30% may go to Vietnam, Cambodia and Laos.
Positive-sum angle: A Thai family firm looking for a buyer or partner now has one more fund sized for it. The World Bank's private-sector arm, IFC, alone committed up to US$30 million.