Cathay Capital raises $262m for fourth small-cap fund
Cathay Capital Private Equity has closed its fourth small-cap fund - which will make investments across Asia, North America, and Europe - on EUR 240m (USD 262m). It takes the firm's total assets under management (AUM) past EUR 5bn.
The new fund will invest in 12-15 companies in healthcare, software, consumer and education, writing cheques of EUR 15m-EUR 30m. Seven investments have been completed to date, including Chowsing, a China-based...
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