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OCBC defies market tumult with PE fund close

Oliver Jones
The Singaporean bank's private equity unit has closed its debut fund ahead of expectations. Strong demand raises the possibility that PE investors see buying opportunities amid the current market unrest.
OCBC defies market tumult with PE fund close

Singaporean bank OCBC’s private equity unit has closed its debut fund at S$550 ($393 million) million, beating expectations despite the market tumult.

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