Taiwan’s Ruentex Industries commits $100m to Hopu fund
Taiwan-based textiles manufacturer Ruentex Industries has committed $100 million to the third US dollar-denominated fund launched by Hopu Investments, the China-focused GP led by former Goldman Sachs banker Fang Fenglei.
The vehicle, Hopu USD Master Fund III, is targeting a final close of $2.5 billion by the end of this month, sources familiar with the situation previously told AVCJ. This followed a first close of $2...
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