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Ekuinas picks 3 OFMs.
GOVERNMENT-LINKED private equity fund management company Ekuiti Nasional Bhd (Ekuinas) has appointed CIMB Private Equity Sdn Bhd, KFH Asset Management Sdn Bhd and Navis Capital Partners as outsourced fund managers (OFMs) to manage some RM500 million.
"We are pleased to select these three firms that we believe have the necessary credentials and experience in successfully managing private equity funds to ensure the best companies are selected for investments," Ekuinas chairman Tan Sri Raja Arshad Raja Uda said in a statement yesterday.
The Ekuinas Outsourcing Programme will complement its Direct Investment activities, focusing on growth capital minority investments …
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