TPG Raising Second Fund in Yuan
August 25, 2010- Share:
TPG Capital has reportedly decided to raise a second yuan-denominated fund in China, TPG Western China Growth Partners I. The firm recently announced the launch of a fund based in Shanghai. The newest fund also has a target of CNY5 billion ($735.7 million), but this time, it will be based in Chongqing and will focus on investments in Western China.
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