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Summit Collects $4B For Two Funds
The firm raised $3.3 billion for its ninth growth equity fund and also closed its fourth venture fund at $730 million. Summit Partners Growth Equity Fund IX will focus on making equity investments of more than $50 million while Summit Partners Venture Capital Fund IV will make investments of up to $50 million. Full investment news article
Relevent to this post: California State Teachers' Retirement System
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Thai Billionaire Charoen Plans $3.5 Billion Bangkok Development
Thailand’s richest man, Charoen Sirivadhanabhakdi, is planning a $3.5 billion property development in central Bangkok that will include offices, homes and shopping malls. Full investment news article