Hony Capital reportedly receives RMB3 billion from NSSF for second fund
Beijing-based Hony Capital, the leading PRC private equity firm, has secured RMB3 billion ($452 million) from the National Social Security Fund (NSSF) for its second RMB-denominated fund, which is expected to raise RMB 10 billion ($1.5 billion), according to local reports.
The NSSF is one of Hony's leading current LPs. When the firm opened its Nanjing office last month, Dai Liu, chairman of the National Social Security Fund Council, attended the opening ceremony and gave...
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