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|Billionaire Michael Kim Closed His $6.5 Billion Fund Amid The Pandemic—He’s Now Ready To Pounce On Deals|
With this accomplishment, Kim bucked the trend in fundraising for Asia-based private equity firms, which is down two consecutive years, according to McKinsey. The pandemic, ironically, helped Kim reach part of his original target. Investors bought into his thesis that pandemic-linked economic distress would create new opportunities.
Posted: 2020-07-09 00:27:00
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