Investcorp commits up to $250m to Everbright fund in first PE investment in China

Investcorp commits up to $250m to Everbright fund in first PE investment in China

China Everbright and Investcorp executives at the announcement of the strategic cooperation between the two firms on Sept 18. Photo: Everbright website

Bahrain-based Investcorp, an alternative investment group, has made its first private equity investment into the Chinese market by committing a total of up to $250 million to Hong-Kong based China Everbright’s New Economy Fund.

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