Indonesia-focused investment firm Falcon House Partners has reached a final close for its second fund with US$400 million in capital commitments, surpassing its US$300 million target. Investors in the fund include university endowments, charitable foundations and funds of funds. Development finance institutions International Finance Corporation, FMO and DEG reportedly committed US$25 million, US$20 million and US$16 million, respectively, to the vehicle. The fund will target control and minority growth investments in mid-market Indonesia-based companies.