Cathay raises $320m for China-US-Europe VC fund
Middle-market private equity firm Cathay Capital Private Equity has closed its first venture capital fund at $320 million with a mandate spanning China, Europe, and North America.
LPs include China Development Bank’s investment arm CDB Capital and Shenzhen-listed milk company Joyoung. There are also French backers such as Bpifrance, BNP Paribas Cardif, Groupe ADP, Groupe Artemis,...
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