CRCI reaches $180m first close on Fund III
China Renaissance Capital Investment (CRCI) has reached a first close of approximately $180 million on its third growth capital fund. The timing of the close was determined by the GP needing to finalize its first investment out of the new vehicle.
China Harvest Fund III, which launched last autumn, is expected to reach a final close in the first quarter of next year, although it is uncertain whether the original target of $750 million will be reached,...
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