PSERS Commits $100M To CVC’s Fourth Asia Fund


The Pennsylvania Public School Employees’ Retirement System (PSERS) says it has committed US$100 million to CVC Capital Partners Asia Pacific Fund IV, L.P., according to a document released on its website.

The London-based buyout firm CVC Capital is targeting US$3 billion for its fourth Asia Pacific fund.

Founded in 1981, CVC’s current China holdings include Asia Health Century International, Asia Timber Products, C.banner, Hong Kong Broadband Network (HKBN), Sun Hung Kai & Co., Venturepharma and Zhuhai Zhongfu.

 
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