Frontier markets investor EMIA seeks to raise $120m third fund

Frontier markets investor EMIA seeks to raise $120m third fund

Joshua Morris, CEO of Emerging Markets Investment Advisers.

Singapore-domiciled private equity firm Emerging Markets Investment Advisers (EMIA) is targeting to raise about $100-120 million for its third fund to invest in Southeast Asia’s frontier markets, according to a top executive of the firm.