Yunfeng Fund III Reaches US$2.5 Billion Final Close (Asia)
Source(s): Private Equity International | Author(s): Chin Yuen
China-focused private equity fund manager Yunfeng Capital has reached a final close for Yunfeng Fund III with US$2.5 billion in capital commitments. Fifty-one investors committed to the fund, including China-based retailer Suning. The fund will invest in China-based TMT, health care, consumer goods and business services companies.