Cathay closes second innovation fund $789m
Cathay Capital has raised EUR650 million ($789 million) for its second innovation fund, which supports start-ups in China, Europe, and North America.
Cathay Innovation Fund II reached a first close of EUR320 million in mid-2019. By May of last year - when Cathay announced a EUR800 million final close on its second middle-market fund - the EUR500 million...
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