TH Capital raises $432m third industrial fund, targets $360m healthcare fund

TH Capital raises $432m third industrial fund, targets $360m healthcare fund

Rafael Ratzel, executive director, head of international business, TH Capital.

Chinese private equity firm TH Capital, previously the investment arm of Tsinghua Holdings, has held a final close for its third industrial fund at RMB 3 billion ($432 million), exceeding its target of RMB 2 billion ($288 million).

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