Fundraisers

Meridian Capital raises $330m

The Shanghai-based private equity firm has closed its sixth yuan-denominated fund.

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Fund name: Huaying SME Development Fund (Nanjing) Phase VI
Amount raised: 2.12 billion yuan
Stage of fundraising: Final close
Final close date: May 2021

Meridian Capital has closed its Huaying SME Development Fund (Nanjing) Phase VI at 2.12 billion yuan ($329.7 million; €256.2 million). The fund will invest in the corporate services, new consumption and TMT sectors in China.