China Everbright closes $500m global buyout vehicle

The Hong Kong-based investment manager has wrapped up the fundraising process for its global buyout investment fund.

China Everbright has raised a total of $539 million and held the final close for its CEL Global Investment Fund (the Fund) in December 2018.

The Fund, which was launched in the second quarter of 2016, has invested over $350 million in multiple fast-growing companies in North America, Europe and Asia Pacific. The example of invested companies includes a high-tech equipment supplier, Burke Porter Group.