Kendall Court reaches first closure

Kendall Court, founded by three ex-investment bankers based in Singapore, has reached first closure on its mezzanine finance fund with $35 million in commitments. The funds have been provided by institutions from the US and Europe. The company was founded in June this year to look at Southeast Asian investment opportunities in alternative financing. The firm's Chairman and managing partner is Yeo Kar Peng, who used to run Citigroup's Malaysian investment banking unit since 1998. Al…