China's Rong Qin aims to raise $736 million
Beijing-based PE fund Rong Qin aims to launch a new fundraising initiative to bolster its capital by RMB5 billion ($736 million) over the next two years, adding to the RMB3 billion ($441.4 million) it currently manages.
According to reports, Rong Qin manages the RMB3 billion over five funds. Following its fundraising, executives told media, Rong Qin will focus its investments in companies within the energy, agricultural,...
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