Hony Capital has raised its eighth private equity fund with US$2.2 billion in total commitments, lower than previously reported US$2.7 billion, according to parent Legend Holdings Corporation's interim report.
At the same time, the report revealed that Legend Capital, the venture and growth capital investment division of parent Legend Holdings, raised RMB3.3 billion (US$495 million) in total across two funds: its seventh U.S. dollar fund and one RMB healthcare fund.
The report also showed that during the first half, Hony Capital's private equity funds completed four new projects and additional investment on existing projects, its mezzanine funds completed three investments.
Hony Capital, which focus on state-owned enterprise reforms, private ...
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