China Everbright-backed CEL hits second close of $294m on cross-border investment fund

China Everbright-backed CEL hits second close of $294m on cross-border investment fund

REUTERS/Petar Kujundzic

CEL Global Investment Fund, a private equity fund sponsored and managed by China Everbright Ltd, has achieved its second close with a capital commitment of $294 million, the fund that largely focuses on investments on companies in North America and Europe.

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