CNEI closes ahead at $255 million
China-focused growth capital private equity firm China New Enterprise Investment (CNEI) has announced the final close of its second fund,CNEI Fund II, oversubscribed at $255 million, and just above its original $250 million target.
The final close is especially significant given the timing of CNEI’s capitalraising. “Most of our-fundraising was really done last year, in 2009, which was probably the toughest period for a long time...
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