Industry Newsroom

Affirma Reaches USD403m First Close for Korea Fund & Invests in T Map Mobility

Affirma Capital has reached a USD403m first close for Ascenta V, its fifth Korea-focused fund. The vehicle will deploy capital in Korea, China, India and other Southeast Asia markets. The fund will invest USD181m in T Map Mobility, a South Korea-based map-navigation service provider. Read more here and here