TR exits last China asset acquired through Cassia restructuring
TR Capital has sold China-focused luxury streetwear brand Evisu United – one of two assets it acquired through fund restructuring for Cassia Investments – through a sale to an unnamed financial sponsor. The size of the deal was not disclosed.
The specialist secondaries investor made the investment in 2018 through its third fund, which closed on USD 175m in 2017. The other asset was Guilin Seamild Foods, a producer of instant oatmeal and oat...
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