Chinese private-equity (PE) firm Boyu Capital, known for cutting lucrative deals at home, has closed its latest U.S. dollar-denominated fund with $3.6 billion in committed capital, people with direct knowledge of the matter said.
The fund, Boyu’s fourth and largest to date, has received strong backing from its existing investors, including family offices, sovereign funds and pension funds, the people said, declining to be named as the information is confidential.
