China Merchants raising first foreign-asset PE fund
The private equity arm of the mainland group targets $500 million for the first close of a strategy that will largely invest in Asia and Europe. It ultimately hopes to raise $5 billion.
China Merchants Group’s private equity arm hopes ultimately to raise $5 billion for a fund that will be its first to allocate overseas, AsianInvestor has learned. Whether it does so will be conditional on the performance of its initial investments, noted sources.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.