A Capital launches first outbound RMB fund
Hong Kong-based PE firm A Capital has teamed with the Beijing Municipal Bureau of Financial Work to launch China’s first reminbi-denominated outbound private equity fund, with an RMB3 billion ($456 million) target.
According to the European investment group, the A Capital China Outbound RMB Fund will raise capital from Chinese institutional and private investors for deals sourced in Europe, with a focus on technology,...
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