- Fund name: Cathay Midcap II, Cathay Innovation Fund II
- Amount raised: €1.3 billion
- Stage of fundraising: Final close
- Final close date: May 2020
Cathay Capital has held a final close on two funds. The Paris-headquartered firm closed Cathay Midcap II on €800 million and Cathay Innovation Fund II on €500 million. The vehicles will target global sectors such as healthcare, high-tech industry, education and digital services.