Chinese PE firm Loyal Valley Capital raises $465m for second USD fund

Chinese PE firm Loyal Valley Capital raises $465m for second USD fund

A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan

Loyal Valley Capital (LVC), a Shanghai-based emerging private equity firm, has made the final close of its second USD fund at $465 million, exceeding its hard cap of $440 million, according to an announcement.

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