RRJ Capital raises $3.5b for Fund II – report
RRJ Capital has reportedly raised $3.5 billion for its second fund. The Hong Kong-based GP, which was set up by Richard Ong, formerly of Goldman Sachs and Hopu Investment Management, originally targeted up to $5 billion for the vehicle.
According to Reuters, RRJ will finalize the fund in early March. The LPs are understood to include China Investment Corporation (CIC) and Temasek Holdings - Ong's brother, Charles, was seconded to the...
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