China's Centurium Capital set to reach first close at $2b for latest PE fund

China's Centurium Capital set to reach first close at $2b for latest PE fund

China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, is set to reach the first close of fundraising for its latest private equity fund with about $2 billion, said two people with direct knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter