Carlyle to form renminbi fund with Fosun

Feb 24, 2010

The Carlyle group announces its second renminbi fund, in partnership with Fosun, with an initial capital of $100 million.

Private equity firm The Carlyle Group announced its second renminbi fund in two months, this time a $100 million fund in partnership with China's Fosun group. An agreement between the two parties was signed yesterday.

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