Just closed: China Everbright Limited garners $264 million

The Chinese firm increases its exposure to international markets.

CEL Global Investment Fund, which was launched in Q2 2016, has held a final close in the same quarter at $264 million. The fund will predominantly target European and North American companies with strong growth or growth potential in the Chinese market. It will invest in a number of sectors including manufacturing, transportation, agricultural products and technologies, consumer goods, clean energy, TMT and healthcare.