Unitas cancels fundraising plans, China team joins Permira
Unitas Capital has decided against raising a fourth fund, and its China team, led by Jim Tsao, will join Permira under a multi-year transition agreement.
Unitas closed its third fund at $1.2 billion in 2008 and retains holdings in five companies that have a presence in China. Tsao - who has become chairman and head of China at Permira - and his six-member...
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