China's M&A specialist Liu Xiaodan-led Firstred Capital closes debut fund at $1.1b

China's M&A specialist Liu Xiaodan-led Firstred Capital closes debut fund at $1.1b

Photo: Reuters

Firstred Capital, a Beijing-based investment firm led by Chinese mergers and acquisitions (M&A) specialist Liu Xiaodan, on Thursday announced the final closing of its debut growth and buyout fund with 680 billion yuan ($1.1 billion) in total capital commitments.

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