China-focused Teng Yue Partners hits $24.5m initial close for new PE fund

China-focused Teng Yue Partners hits $24.5m initial close for new PE fund

Photo: Bloomberg

Teng Yue Partners, a New York-based investment management firm that specialises in equity investments in China, has hit the first close of its private equity fund – Teng Yue Partners RDLT, LP – with $24.5 million in commitments from 11 investors.

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