New Horizon targets fourth fund worth $750m
New Horizon Capital is looking to raise a new fund just over a year since closing its previous vehicle and without the involvement of co-founder Winston Wen Yunsong, son of Chinese Premier Wen Jiabao.
Prospective investors told Dow Jones that the target for New Horizon Capital IV is $750 million, the same amount raised for the third fund. Wen and Yu Jianming founded New Horizon in 2005, raising $100...
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