CDH Investments raises $824m

• Fund name: CDH Venture and Growth Capital USD Fund II, CDH Venture and Growth Capital RMB Fund II
• Amount raised: $824 million
• Stage of fundraising: Final close (CDH Venture and Growth Capital USD Fund II) & First Close (CDH Venture and Growth Capital RMB Fund II)
• Final close date: May 2020

CDH Investments has held a final close on CDH Venture and Growth Capital USD Fund II on $500 million and a first close on CDH Venture and Growth Capital RMB Fund II on 2.3 billion yuan ($324 million; €296 million). The vehicles will target consumer-related, healthcare and artificial intelligence & technology sectors in China.