Fund focus: CITIC Capital eyes divestment opportunity
CITIC Capital has scaled up for its latest China fund, raising 75% more capital than in the previous vintage. The buyout-focused GP expects tighter liquidity to drive more corporate carve-outs
Two of the three buyouts CITIC Capital has made from its latest China fund – which recently closed at $2.8 billion – are carve-outs from Chinese conglomerates. The purchase of a majority stake in...
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