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Impact fund by UOB and Credit Suisse counts US$60m at first close

UOB Venture Management (UOBVM), the private equity arm of UOB, in collaboration with Credit Suisse, has raked in more than US$60 million at the first close of its second impact fund, Asia Impact Investment Fund (AIIF) II. The first AIIF fund was launched in 2015. The first round of fundraising for AIIF II saw capital commitments from institutional and accredited…

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