CDH raises $1.1b for China's largest mezzanine fund
CDH Investments has closed its fifth China mezzanine fund at RMB8 billion ($1.1 billion). It is the largest vehicle of its kind ever raised solely for deployment in the country.
The private equity firm closed its fourth mezzanine fund in 2016 at RMB3.5 billion, exceeding the target of RMB2 billion. CDH launched the strategy in 2011 to expand its investment spectrum within alternatives....
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