Dual currency fundraising: Servant of two masters
A resurgence in renminbi fundraising has prompted GPs best known for US dollar funds to enter the local currency market. Addressing conflicts of interest in an increasingly complex industry will prove difficult
SAIF Partners launched its fifth Greater China fund more than 12 months ago, seeking $800 million. There has been no word of a first close. Several sources in the LP community say there was little appetite...
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