Chinese distressed asset investor DCL closes new RMB fund at $454m

Chinese distressed asset investor DCL closes new RMB fund at $454m

Photo by Josh Appel on Unsplash

DCL Investments, a distressed asset investment firm backed by Chinese alternative asset manager CDH investments, announced on Tuesday the completion of a new RMB-denominated fund at 3 billion yuan ($454.5 million).

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