C-Bridge closes third healthcare fund at $850m
C-Bridge Capital has closed its third healthcare fund - which covers Asia but is most active in China - at $850 million, after increasing the hard cap. It is the largest dedicated healthcare vehicle raised for deployment in Asia by an independent private equity firm, AVCJ Research’s records indicate.
The fund launched in the first quarter of 2018 with a target of $650 million. A first close of just over $600 million came over the summer and the hard cap was set at $800 million. The capital-raising...
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