Sharp monthly rise in China funds
Updated: 2013-08-02 16:09
By Cai Xiao (chinadaily.com.cn)
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There were 25 private equity and venture capital funds related to China financed in July.
They were valued at $3.2 billion, an increase of 47.3 percent month-on-month, according to a Zero2IPO report on Friday.
Three were dollar-denominated and 22 are yuan-denominated.
The report said the largest was a dollar-denominated KKR Asian Fund II LP of $1.2 billion.
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