Cathay reaches $700m first close on Sino-European fund
Cathay Capital Private Equity has reached a first close of EUR600 million ($702 million) for its latest middle-market Sino-European fund. The target is EUR1.2 billion.
Cathay Midcap II is backed by China Development Bank, Bpifrance, and a mix of sovereign funds, institutional investors, and family offices. It is also the first fund backed by the China-EU Co-investment...
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