Malaysia’s state-run Penjana Kapital joins Emissary Capital’s growth fund as LP by investing US$25M

Malaysian boutique investment firm Emissary Capital has received US$25 million from state-run Penjana Kapital. The money will be invested as a Limited Partner to Emissary Capital Growth Fund 1 (ECGF I), a new US$50-million VC fund jointly launched last month by Emissary and New Wave, a subsidiary of Philippines-based IP E-Game Ventures. ECGF I aims to […] The post Malaysia’s state-run Penjana Kapital joins Emissary Capital’s growth fund as LP by investing US$25M appeared first on e27.