Northstar likely to close fifth fund at $600m, 25% short of original target

Northstar likely to close fifth fund at $600m, 25% short of original target

Jakarta, Indonesia. Photo by Afif Kusuma on Unsplash

Southeast Asian private equity (PE) firm Northstar Group is set to close its fifth fund at about $600 million by December 2021, said multiple people aware of the development.