Chinese PE fund manager CICC Capital secures $649m second close of biomedicine fund

Chinese PE fund manager CICC Capital secures $649m second close of biomedicine fund

CICC Capital, the private equity (PE) fund management platform of Hong Kong-listed investment bank CICC, has reached the second closing of its biomedicine fund at over 4.2 billion yuan ($648.7 million), said the firm in a WeChat post on Monday.

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