Investcorp has made $250 million investment in China Everbright’s New Economy Fund. The investment consisted of $150 million to the fund itself and $100 million to co-investment rights alongside the fund.
This is the firm’s first private equity investment in China since its inception.
The firm has $22.6 billion in assets under management across private equity, real estate, credit and hedge funds, as of June 2018.
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