mCAPITAL’s maiden fund targets $500m

The European and Asian Special Situations fund has up to $300m in capital soft-circled and is targeting a first close this June.

Nascent investment management firm mCAPITAL’s maiden fund, the European and Asian Special Situations Fund, will begin fundraising at the end of June, having obtained approval from the Hong Kong Securities and Futures Commission (SFC) to act as an investment advisor.

Structured as a hybrid hedge and private equity fund, it will be an open-ended vehicle with a two and a half year lock-in period.

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