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Ascent Capital launches Myanmar fund backed by Temasek, ADB

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Lim Chong Chong, founder of Ascent Capital, says one of the biggest challenges the country faces is access to capital.

Singapore

ASCENT Capital Partners, a Singapore-registered fund management firm, has launched its maiden Myanmar-focused private equity fund that counts Temasek Holdings, the Asian Development Bank (ADB) and Philippines conglomerate JG Summit Holdings as investors.

Ascent Myanmar...

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