EMPEA: RMB Fundraising Soars in China
Private Equity International
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By Carmela Mendoza | 15 November 2017
China fundraising figures from EMPEA show more capital has been raised in renminbi in the first three quarters of 2017, compared with the same period for the previous five years.
A total of $5.9 billion was raised by 19 funds from January to September this year, the highest on record since 2011,according to data from EMPEA’s Q3 2017 Industry Statistics, which includes capital raised for private equity, private credit, and private infrastructure & real assets.