CDH to reach $1b first close on Fund V by February
CDH Investments is expected to reach a first close of $1 billion on its latest fund by Chinese New Year. The Chinese GP has an overall target of $2 billion for CDH Fund V, which launched in September 2012.
A member of the LP community told AVCJ that CDH would likely exceed its target but restrict itself to less than the $2.5 billion hard cap. There is said to be strong demand among investors for a piece...
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