NewQuest Raises $500M For Third Fund

NewQuest Capital Partners, a Hong Kong-based specialist in private equity direct secondary deals, has reached a first closing of US$500 million for its third fund. The vehicle, which is targeting US$520 million, will continue to focus on secondary deals in Asia, particularly in China and India. Separately, NewQuest has appointed former CVC Capital Partners managing […]

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Read the original article: China Money Network