LONDON: Chinese private equity firm China Science & Merchants (CSM) announced a global fund raising for a new US$1bil fund that will be its first one open to non-Chinese investors and is aimed at raising CSM’s profile overseas.
EME Capital is the global co-ordinator and adviser on the fund raising, and the companies said that CSM had already received positive feedback from Gulf-based firms over the new fund and would meet European investors in November.
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