Citic Targets $1.9B for New PE Fund
The private equity unit of China’s Citic Securities is aiming to raise 12 billion yuan ($1.9 billion) for its third private equity fund, Reuters reported. Citic Private Equity Funds Management Co. also aims to raise 5 billion yuan for its mezzanine fund and has so far raised 3 billion yuan, Reuters wrote Tuesday.
Bycnolan
27 September 2011•1 min read
