Nick Nash's Asia Partners makes first close of debut fund at $78m

Nick Nash's Asia Partners makes first close of debut fund at $78m

Asia Partners co-founder Nick Nash

Singapore-based private equity (PE) firm Asia Partners, launched by former Sea Ltd president Nick Nash and former chief executive of B2C e-commerce of Naspers Oliver Rippel, has made a first close of $78 million for its debut fund, according to its official filing with the US Securities and Exchange Commission.