New economy investor China Renaissance raises over $600m for USD Fund III

New economy investor China Renaissance raises over $600m for USD Fund III

Bao Fan (left), founder, chairman and CEO of China Renaissance, and Kevin Xie (right), co-founder & head of Healthcare Advisory hit the gong at China Renaissance's listing ceremony in Hong Kong on September 27, 2018. Source: China Renaissance

Investment bank China Renaissance announced on Thursday the final closing of Huaxing Growth Capital’s third USD-denominated fund with over $600 million in committed capital.