Global private equity and venture capital news and research

CDH to exceed Fund V hard cap in imminent $2.55bn final close

28 Jan 2014

news_china_lrgChinese private equity firm CDH Investments is reportedly ready to exceed its hard cap for its fifth buyout fund through a final close this week.

CDH will close on $2.55bn, just above its $2.5bn hard cap and well in excess of its initial $2bn target according to AVCJ, which cited an LP investor in the fund.

Last September the South China Post revealed CDH was nearing its $2bn target for the fund and was just months away from a final close.

It said LPs committed to the vehicle included a mix of Asia and US-based institutional investors.

CDH V will be used to target investments in both growth equity and buyout deals in healthcare, consumer and financial services sectors.

The firm invests across private equity, venture capital, real estate and public equity markets, with $7bn under management – $4bn of which is in private equity.

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