Capital Today Has Deployed Half Of Its $600M Evergreen Fund, Eyes Third Fund

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Chinese private equity firm Capital Today has raised US$600 million for an evergreen investment vehicle with a fund life of 28 years. The fund, a first in China, exceeds its planned target of US$500 million, according to someone with knowledge of the matter.

China Money Network

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Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.