CNEI Fund II closes ahead at $255 million
China-focused growth capital private equity firm China New Enterprise Investment (CNEI) has announced the final close of its second fund, CNEI Fund II, oversubscribed at $255 million, ahead of its original $250 million target.
The new fund has already made two investments, in IAT, a leading independent automotive pre-production services company and the only such operation in China capable of designing both engines and vehicles,...
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