Braxton Capital Targets $20M Fund

Braxton Capital is rolling out its first third-party fund with a goal of $20M! So far, a cool $2M, courtesy of high net-worth individuals and their family offices across Southeast Asia has been raised.

• The Plan: This isn't a sprint; it's a marathon. Six months for an interim close and a complete wrap up in the next 12-18 months.

• The Promise: Douglas Hudson, a managing partner at Braxton Capital, tells DealStreeAsia that considering their streak over the past quarter, they are setting their sights on the maximum target of $20M.

• The Payout: Expect the fund to be fully operational within two years, with investments ranging from $1-5M across seed to Series A rounds. The beneficiaries? Six to ten fortunate companies across the region!

• The Philosophy: The fund has a threefold focus -- Impact, Insurance and Health, and Connectivity. They have already set their sights on potential investments in plastic upcycling and insurtech companies.

• Fun Fact: Around 80% of their activity is in Indonesia, but they've also made strategic investments in India, Singapore, and Hong Kong.

Established in 2017, Braxton Capital originally functioned as a private equity search fund and advisory business. They've recently pivoted to venture capital, taking a private equity approach to their investments.