Hosen Capital raises $440m

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Hosen Capital has raised $440 million for its Hosen Investment Fund III. The Beijing-headquartered firm began fundraising in 2017 with a $400 million target.

Its previous fund raised $200 million in 2011.

Investors that committed to Hosen Investment Fund III include the International Finance Corporation, Temasek Holdings and Pavilion Capital International.

The fund will target growth equity opportunities in food and agribusiness sectors in China.