CLSA Capital Partners Invests in Scinor Water Limited (Asia)
Source: CLSA Capital Partners
CLSA Capital Partners, the alternative asset management arm of Hong Kong-based brokerage CLSA Asia-Pacific Markets, and venture capital firm Kleiner Perkins Caufield Byers have invested US$10 million in Chinese water membrane manufacturing company Scinor Water Limited. CLSA structured the transaction through its Clean Resources Asia Growth Fund private equity fund. The investment is intended to help Scinor expand its water membrane manufacturing capacity and accelerate development of new products.