Deal focus: Huaxing gives overseas LPs taste of China medtech
In addition to raising $213 million for its latest renminbi-denominated fund, Huaxing Healthcare Capital sourced $230 million from co-investors for a succession deal in China’s orthopedics space
It is a tale of two fundraisings. Huaxing Healthcare Capital, the healthcare investment unit of China Renaissance, closed its second renminbi-denominated fund last month with RMB1.4 billion ($213 million)...
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