GLP, Sequoia commit $800m to China's Harvest Capital
Harvest Capital, a China-based private equity firm that focuses on the consumer sector, has received a strategic investment of nearly $800 million from GLP – a regional logistics platform and investment manager- and Sequoia Capital China.
Harvest, which was established in 2006 and has approximately RMB20 billion ($3.1 billion) in assets under management, claims several third-party investors. In 2018, it received $480 million from Hongtai...
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