Chinese Private Equity Firm Centurium Raises Over $2 Billion In Debut Fund

www.oann.com | 5/17/2019 | Staff
HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy.

The firm, co-founded by the former head of Warburg Pincus Asia Pacific, David Li, said in a statement on Wednesday that it raised the sum in U.S. dollars from investors for Centurium Capital Partners 2018 L.P.

Fund - Interest - Investors

The fund has secured strong interest from global investors, known...
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