China: CMC Capital Partners reaches $600m hard cap for second fund

China: CMC Capital Partners reaches $600m hard cap for second fund

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. REUTERS/Jason Lee/Files

CMC Capital Partners, a private equity (PE) firm established by Ruigang Li, has closed its second US dollar-denominated fund at a hard cap of $600 million.

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