Hony, KKR scoop major prizes at AVCJ China Awards
Hony Capital led the way at the 2012 AVCJ Private Equity & Venture Capital Awards China, retaining its title as Firm of the Year and claiming the prize for US dollar fundraising. David Liu, China head of KKR, was named Private Equity Professional of the Year, while DST Advisors, Silver Lake, Temasek Holdings and Yunfeng Capital took the Private Equity Deal of the Year prize for their investment in Alibaba Group.
Hony's awards marked a busy 12 months for the Chinese PE firm. In January, it closed its fifth US-dollar denominated fund at $2.4 billion after barely four months in the market. The vehicle is $1 billion...
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