Huaxing Growth hits $800m second close on China fund
Huaxing Growth Capital, the private equity division of China Renaissance, has achieved a USD 800m second close on its fourth flagship US dollar-denominated fund.
The fund launched in June 2021 with a target of USD 1.2bn and a first close of USD 550m came in October. AVCJ was informed of the second close by a source close to the situation. LPs include two sovereign...
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