Economy / China
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CDC Continues To Pave The Way For Private Equity
July 2008 | Top StoriesSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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CDC, the UK Government-backed private equity fund-of-funds, continues to highlight opportunities in emerging markets. It has announced new commitments of US$290mn for investment in private equity funds in China and India. These funds, which bring CDC's commitments in China and India to date to US$640mn and US$1bn respectively, and are expected to raise a total of US$4.17bn for investment in the two countries. CDC Portfolio Director Brian Lim told CFW that 'a lot of these emerging markets are basically growth capital markets, with a little bit of buyout, where markets like China and India are starting to appear more and more