Fund Managers

SSG makes final close on $400m hard-cap

The special situations firm’s latest pan-Asian vehicle was oversubscribed and has now deployed around one-third of its capital.

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SSG Capital Management’s second special situations vehicle has made a final close on its $400 million hard-cap having targeted $300 million, PE Asia has learned. 

The firm did a first close at around $100 million in February and has deployed one-third of its capital since. Mercury Capital Advisors acted as the placement agent.