King & Wood Mallesons (KWM) has advised Exacta Capital Partners on the structuring and closing of its Cayman private equity fund, Exacta Asia Investment II LP (the “Fund”), with a first closing fund size of USD180 million and a target fund size of USD250 million.

The Fund is managed by Exacta Capital Partners (President: Kota Igarashi), 39.9% of the interest in which is held by a leading bank in Japan.

The strategy of the Fund is to achieve financial returns through investing in small to medium-sized companies in the ASEAN region with an objective to boost the ASEAN regional economy.

The KWM team was led by Hong Kong-based funds partner Guo Sun Lee with Associate Justine Sinn.