China Renaissance targets $750m for fund III
China Renaissance Capital Investment (CRCI) is targeting $750 million for its third fund. China Harvest Fund III will make growth capital investments in Chinese companies, taking equity stakes of up to $75 million.
Park Hill will serve as placement agent for the fundraise, AVCJ has been told. CRCI has $1.3 billion in funds under management across its growth and venture funds, and has made cash distributions to...
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