Fund focus: TR raises $350m for China-heavy secondaries strategy
Having closed its fourth fund at the hard cap of $350 million, Asia secondaries specialist TR Capital expects to go deep into China fund restructurings, taking out renminbi investors onshore and offshore
China accounted for $4 in every $5 raised through private equity-backed IPOs in Asia last year, a level of dominance unmatched in nearly a decade. In 2011, mainland bourses were the preferred port of call....
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