Mercurius Capital launches $80m PE fund with Chinese firm
Mercury Capital Investment, a subsidiary of Singapore-listed Mercurius Capital Investment, has teamed up with a Chinese real estate developer to launch a RMB500 million ($80 million) PE fund targeting urbanization projects in China.
Sichuan province-based S-Hyland Group has committed RMB300 million to the fund, Mercury will raise the remaining RMB200 million from other investors. They will manage the fund jointly. It is estimated...
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