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China firms overtake foreign rivals in private equity fundraising

Yvonne Chan
Domestic Chinese private equity players will continue their lead over foreign firms in the race to close deals and raise capital, says Bain & Co.
China firms overtake foreign rivals in private equity fundraising

The value of China's private equity deals reached a record high of $15.2 billion in 2011, a year in which domestic funds surpassed overseas peers for the first time to account for 60% of the 173 deals transacted, finds a new report by global consultancy Bain & Co.

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