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US$2.9bn digital PE firm Moonfare to shut Hong Kong office after just three years

US$2.9 billion digital private equity firm Moonfare is to shut its Hong Kong office after just three years following a strategic review. The firm has reiterated its commitment to Asia and intends to consolidate its operations in Singapore. In a note sent to clients earlier this week, Kit Toh, head of Asia Pacific for Moonfare, said that the firm conducted…

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