Chinese PE firm Gaocheng Capital closes debut fund at over $300m

Chinese Yuan notes. Photo: Reuters

Gaocheng Capital, a growth stage-focused private equity firm headquartered in Beijing, has hit the final close of its debut fund at over $300 million, according to a company announcement.

The final close came a week after DealStreetAsia reported that the firm raised $235.1 million for the second close of its debut fund – Gaocheng Fund I LP. The fund first raised over $100 million in January 2019.

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