China's DT Capital Partners nets $285m in new fund from govt-linked investors

Chinese private equity firm DT Capital Partners has hit the final close of a new fund at 2 billion yuan ($285 million), gearing up investments against the backdrop of a clouded domestic economic environment in China.

The new fund, which will primarily invest in the TMT, healthcare and high-end manufacturing industries, received capital from government-linked investment companies including State Development & Investment Corporation (SDIC), the largest state-owned investment company in China, according to a statement on Wednesday.

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