CITIC Capital Closes $220M Japan Buyout Fund

CITIC Capital Partners last week closed its second Japan buyout fund with 10 billion yen ($220 million), Reuters reported. The size of the fund is only 60% of what the firm originally targeted. CITIC Capital is owned by China Investment Corp., China's sovereign wealth fund, CITIC International Financial Holdings Ltd and CITIC Pacific Ltd, Reuters said.

15 March 2011•1 min read
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