AGIC Capital, an Asia-Europe cross-border growth equity firm founded by former Deutsche Bank executive Henry Cai, has reached a final close of its debut US$1 billion fund, the firm announced today.
Fundraising for its debut fund started in March 2015 and reached a first successful close of US$550 million five months later.
With the final close, the fund will continue to target investments in European small- and mid-cap companies in the areas of intelligent manufacturing, high-end equipment, advanced materials, medical technologies and environmental protection technologies, and will assist with their expansion into the growing Asian markets, with a specific focus on China.
"The success of the fund-raising reflects their endorsement of our investment philosophy and recognition of our track record to date," said Henry Cai, chairman of A...
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