CDH Investments raises $824m

The Hong Kong-based held closes on two China-focused venture capital and growth funds.

  • 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.