Mandarin Capital nears $627m first close for second fund
Sino-European private equity firm Mandarin Capital Partners is nearing a EUR500 million ($627 million) first close for its second fund. The vehicle is expected to reach a final close of EUR1 billion in the second half of 2013.
Investors include European and Chinese corporates, family offices, banks and Chinese state-owned enterprises. The fund will mainly invest EUR20-80 million in advanced manufacturing and services companies...
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