fund returns

The firm’s fourth buyout fund is backed by the likes of CPPIB. It is already steadily deploying the capital despite rising trade tensions and China's economic slowdown.

As the China-US trade war gives global markets the jitters, private equity firms are increasingly looking to Southeast Asian countries like Indonesia for a return.

The Tokyo-based venture fund is raising its fourth fund, aiming for $120 million for investment in early-stage internet-related companies in Japan, Taiwan and developed Asia.