IRG and Oria Capital launch TMT fund

Dec 16, 2005

Duo to focus on Korea, China and Japan.

Hong Kong based investment banking firm IRG and Oria Capital have announced plans to raise $100 million during the first quarter of 2006 for their new ShinAsia Fund. The fund will focus on the Asian TMT sector, spotlighting established telecom and internet businesses. It targets a minimum return of 20%-25% annually and has a minimum investment of $5 million.

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