Billions in the pipeline for China PE funds
Large fund-of-private-equity funds being raised in the mainland will bring capital to domestic private equity vehicles, which are estimated to number in the thousands.
A mainland vehicle was the biggest PE fund-of-funds to close on a global basis in the first half of the year at Rmb15 billion ($2.45 billion), and there are indications that more large domestic, renminbi-denominated vehicles are in the market to raise capital.
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