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HK's Capital Today to launch China's first evergreen fund
Published Fri, Jun 6, 2014 · 10:00 PM
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Hong Kong
A PRIVATE equity firm which has made huge profits off investments in China's technology sector is launching a fund unprecedented in the country for its ultra-long horizon.
Hong Kong-based Capital Today, an early investor in e-commerce company JD.com Inc and helmed by one of China's top dealmakers, aims to raise a US$400 million "evergreen" fund, according to its term sheet.
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