China’s Boyu Capital files to raise new PE fund, likely to be its largest
March 30, 2021
Chinese private equity firm Boyu Capital has filed to raise a new PE fund barely two months after it closed its latest US dollar-denominated vehicle with a reported $3.6 billion in committed capital.
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Its fifth and largest US dollar-denominated fund is likely to close in the near term.
Boyu’s last USD fund, which raised about $2.1 billion in 2016, saw a 37.5% gross IRR as of end-June.