Its venture and growth capital arm, CDH VGC, focuses on investments in healthcare, consumption upgrade, and disruptive businesses.
BAIC informed Daimler of its intention to buy a 4-5 percent stake in the German maker of Mercedes-Benz cars earlier this year.
The fund exceeded the target corpus of $500 million.
Ally Bridge and its affiliates manage $3 billion in lifescience assets in China, the US and Europe.
CMIG's employees in its headquarters can put their own money into the pool and choose between buying CMIG's debt or equity.
Beidian has raised the funding from Hillhouse Capital, Sequoia Capital and others.
CITIC Securities participated in the round, along with risk capital investors Green Pine Capital Partners and Orient Securities Capital Investment.
Policy & Regulations
The Trump administration also is trying to persuade allies to shun Huawei Technologies Co.
IPOs & Markets
The move would help AB InBev reduce its debt and pursue acquisition opportunities.
Zuzuche.com, launched in July 2011, provides car rental service, online scenic spot tickets purchase, insurance and other tourism services, among othe
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