MCP Won't Invest in Chinese Companies Expanding Overseas
June 25, 2014
Mandarin Capital Partners will no longer invest in Chinese companies seeking to expand overseas, according to various sources. Previously, Mandarin Capital focused on mainland businesses looking to grow in other markets, yet now, it will focus solely on European companies targeting China. In addition, the firm will apparently no longer seek any funding from LPs from China's state-owned enterprises, as it raises its current fund.