RMB private-equity funds grow in size and number
Citic Private Equity may have closed the biggest ever renminbi-denominated PE fund in January, but even larger ones are in the pipeline.
As renminbi-denominated private-equity funds gain in popularity, so ever-larger amounts of capital is being raised and non-Chinese managers are increasingly forming onshore RMB funds, says law firm O’Melveny & Myers.
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