Reuters – Dymon Asia Capital is branching out to the private equity world, launching a fund with backing from a unit of Singapore state investor Temasek Holdings, a company email obtained by Reuters shows, indicating an uncommon move by a hedge fund.
The firm aims to raise S$300 million ($246 million) for Dymon Asia Private Equity (DAPE), Keith Tan, Dymon’s managing partner told clients in an email this month.
