Chinese private equity investment firm DT Capital Partners has raised RMB2 billion (US4285 million) for its new fund named DT Hexin Equity Investment Fund.
The new fund is backed by investors include SDIC FOF, Shanghai STVC FOF, Suzhou Wujiang Orient State-Owned Capital, Qianhai FOF, Suzhou Yuanhe Chenkun FOF and Shanghai Qingpu Investment Co., Ltd.
DT Hexin Equity Investment Fund will mainly invests in the strategic emerging areas that Detong Capital has long-term focus and with capabilities, resources and ecological advantages such as TMT, medical health and high-end manufacturing.
DT Capital Partners, with over RMB10 billion (US$1.43 billion) asset under management (AUM), has invested in more than 300 companies as of now.
(This article is translated from PEdaily.cn. You can see the original article in Chinese here.)