FountainVest scoops top AVCJ China awards, targets more buyouts
FountainVest Partners claimed the Firm of the Year and US dollar fundraising prizes at the 2013 AVCJ China Awards, which were presented in Beijing yesterday as part of the AVCJ China Forum. Homer Sun, CIO of Morgan Stanley Private Equity Asia (MSPEA), was named PE Professional of the Year while the PE consortium that backed Alibaba Group’s Yahoo buyback claimed the PE Deal of the Year prize.
In a challenging fundraising environment, FountainVest closed its second fund over target at $1.35 billion after just seven months in the market. The PE firm has also been at the forefront of the wave...
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