Chinese distressed assets specialist DCL raises $344m for flagship fund, eyes $688m final close

Chinese distressed assets specialist DCL raises $344m for flagship fund, eyes $688m final close

Beijing, China. Photo by Li Yang on Unsplash.

DCL Investments, a Chinese asset management firm with expertise in investing in distressed assets, has raised almost 2.5 billion yuan ($343.9 million) for its latest flagship fund.

Edited by: Padma Priya