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COPE Private Equity planning fifth fund in 2023

COPE Private Equity is planning to launch its fifth fund next year following the full deployment of the current COPE IV Fund which is expected by Q1 2023, according to a report by Deal Street Asia.

The report cites the firm’s founder and managing director Azam Azman as revealing that the the next investment vehicle, COPE V, will be open to businesses in the wider Southeast Asia region with a Malaysian subsidiary or presence, rather than just Malaysian companies. 

The target size of the fund has not been revealed but COPE’s current AUM reportedly stands at around $150 million.

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