Prax Capital related stories
All articles and analysis
Pushing the envelope in ChinaGlobal private equity giants like Carlyle, Blackstone and KKR are testing new strategies in order to do private equity in China.
- Blackstone collects half of RMB fund target
The Steve Schwarzman-led firm, which is targeting about $738m for its debut RMB fund, expects a final close by September.
- KKR launches China fund
KKR will for the first time raise a country-specific fund, which has a target of around $1bn.
- Origo in $75 million RMB fund initiative
Origo's maiden RMB fund - to be established in partnership with the Xinxiang municipal government - will focus on clean technology.
- RMB funds dominate Chinese fundraising
Fundraising figures for 2009 show that for the first time ever RMB-denominated funds surpassed those raised in dollars.
- Vibrant China
China's private equity industry began the year on shaky ground and ended it with a prediction that it would one day become the world's largest. Jenny Blinch looks at a fluctuating year
- Abax Global Capital to raise RMB fund
The Hong Kong-based asset manager is the latest in a line of firms to launch a fund under the Shanghai Pudong New Area pilot scheme.
- Carlyle sets up second RMB fund
The firm has acted quickly on a new pilot scheme from the Beijing government to attract foreign private equity investment. It will reportedly raise $732m.
- RMB fund fever
Many foreign firms have now announced plans to launch RMB funds in Shanghai, but are there enough LPs to go round?
- Blackstone opens Chinese entity in Shanghai
The US private equity giant has officially launched its first RMB fund and signed an agreement with the state-backed Shanghai Lujiazui Financial Development Company.