Zebra Global Capital said to close Tencent-backed second fund

Zebra Global Capital said to close Tencent-backed second fund

Beijing, China. Photo: Tom Winckels/Unsplash

Beijing-based private equity firm Zebra Global Capital has completed raising its second fund, bringing its total assets under management to $2 billion, according to a report by China Money Network.

The PE firm’s latest fund was backed by Tencent, Hillhouse Foundation and US university endowments, the report said citing a company announcement.

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