Warrants Capital, a subsidiary of Malaysia-based telecommunications company Silver Ridge, and investment services firm Huatai Financial Holdings (Hong Kong) are set to establish a $500m fund private equity fund in January, according to Malaysian business news source the Business Times.

The fund, to be known as the Huatai Von Malaysia Fund, will invest in businesses based in the commodities and natural resources markets, and has secured seed funding of about $5m from companies and cornerstone investors.

Alan Voon, chief…

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