Chinese investment firm Primavera Capital Group, an investor in Yum China and Alibaba Group, is reportedly seeking to raise $300 million for a private credit fund.
Primavera, which invests in the global market with a focus on China, is said to have built out the credit strategy earlier this year with the recruitment of Jeffrey Lau as a partner as well as CEO and CIO of its credit investments team. Lau’s appointment led to the launch of the dedicated private credit fund, media outlet AVCJ reported on Monday.
