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FountainVest Raises $2.1 Billion for Third China PE Fund

22:16 EDT 23 Sep 2016 | ChinaBio Today

FountainVest Partners, a China private equity investor, closed its third fund, FountainVest China Capital Partners Fund III, L.P., with $2.1 billion of committed capital. Healthcare and pharmaceuticals are an important sector for FountainVest. The firm said the fund was oversubscribed, with support from existing investors and new international global institutional investors. FountainVest seeks opportunities in which its expertise can help create additional value, with a focus on China's growing consumer economy. More details....

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