Chinese asset manager CDH's mezzanine team raises $313m debut special situations fund

Chinese asset manager CDH's mezzanine team raises $313m debut special situations fund

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

CDH Mezzanine and Credit, a unit of Chinese asset manager CDH Investments, has secured over 2 billion yuan ($312.9 million) in total capital commitments for its maiden special situations fund, the firm announced on Friday.