Growtheum Capital raises $567-M fund for SE Asia, India investments

A Singapore-based private equity firm Growtheum Capital Partners started by two former investors from sovereign wealth fund GIC - Amit Kunal and Choo Koon Po - has raised USD 567 million to invest on deals across Southeast Asia and India. Growtheum SEA Fund I has been raised from around 40 LPs including International Finance Corporation (IFC) and the Asian Development Bank (ADB).