CITIC Capital Partners closes ahead on $925 million
CITIC Capital Partners, the private equity arm of China’s CITIC Capital Holdings Ltd., has had a final close on its second buyout fund at $925 million, exceeding its original target of $750 million.
The news comes despite reports that the fund closed earlier on $500 million, apparently confusing its February 2009 first close with a final close. Parent CITIC Capital is owned by China Investment Corp.,...
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