Citic raises $400 million for latest China fund
The fund is the latest from the firm that focuses on China real estate investments.
Citic Capital Holdings, a China-focused investment management and advisory firm, has raised $400 million for its third and latest mainland real estate fund.The Citic Capital China Real Estate Investment Fund III received capital commitments from institutional investors from Europe, US, Middle East and Japan as well as seed money from Citic Capital.This latest fund raising reflects what appears to be a growing appetite for either private equity portfolios, real estate investments or ex…
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