Darby mezzanine fund exits China furniture manufacturer
Darby Private Equity, the private equity arm of Franklin Templeton Investments, has exited its holding in Chinese furniture manufacturer Shayne International Holdings for an undisclosed sum.
This is the eighth exit from Darby Asia Mezzanine Fund II, which launched in 2005 and completed investment in 2010, after deploying $217 million. The fund reached a final close of $254 million in October...
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