Reuters - Fountainvest Fund II Raises $1.35 billion

China-focused private equity firm Fountainvest Partners, headed by ex-Temasek executive Frank Tang, has raised $1.35 billion for its second fund, writes Reuters. Founded in 2007 by four former Temasek executives from the Singapore state investor's China team, Fountainvest's new fund is about 40 percent bigger than its $950 million debut fund in 2008, writes Reuters.

14 November 2012•2 mins read
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