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Investor hopes high for Citic Capital’s new $2.8b fund

The Chinese alternative investment manager has closed its fourth China buyout fund with strong institutional backing despite the backdrop of an escalating trade war.
Investor hopes high for Citic Capital’s new $2.8b fund

Citic Capital has reached the final close of its fourth China buyout fund, which has amassed $2.8 billion from new and repeat investors – and China’s current economic woes may provide it with ample deal opportunities.

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