Cathay Capital reaches $629m first close on Sino-French fund
Cathay Capital has reached a EUR460 million ($629 million) first close on its latest Sino-French fund which has a final target of EUR500 million.
China Development Bank (CDB) and Bpifrance, a subsidiary of French state-owned bank Caisse des Dépôts, each contributed EUR100 million when the fund was launched in March. The remainder was raised from...
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