Novo Tellus, a Singapore-based private equity firm, closed its third fund, at USD $510M.
Novo Tellus PE Fund 3, L.P. surpassed its fundraising target by 36%. The fund completed its raise six months after holding its first closing in June 2023, with 100% of its existing institutional investors re-committing to the new vehicle, joined by a set of new limited partners from around the world.
Led by Loke Wai San, Managing Partner, Novo Tellus is a private equity firm specialising in building lasting growth in technology supply chain companies throughout Southeast Asia and beyond. Novo Tellus has developed a specialised investment strategy that combines deep sector knowledge with close, empathic management partnerships to expand business vision, grow products and services, and create lasting business growth over time.
FinSMEs
20/12/2023