China-focused private equity managers face extended fundraising dry spell as policy uncertainties, IPO obstacles give investors cold feet

Source: Tech – South China Morning PostChina-focused private equity (PE) funds raised the lowest amount of capital in eight years during the second half of 2021, as policy uncertainties in the consumer technology sector and obstacles to cashing out from investments through initial public offerings (IPOs) gave them cold feet. PE funds raised in both US dollar and the yuan totalled just US$28 billion in the second half of 2021, down 54 per cent from the first half and 41.7 per cent from a year earlier. This was the lowest six-month…Read More

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