09.10.2015 - Ex-Deutsche Banker Cai Raises $650 Million for China-German Fund
Henry Cai, former Asia-Pacific chairman of corporate finance at Deutsche Bank AG, has raised $650 million for a new $1 billion private-equity fund that will invest in industrial companies in German-speaking countries seeking to grow their China operations. The sovereign wealth fund China Investment Corp. and insurance companies are among the investors that have already committed funds, said Cai, 60. The AGIC Group fund should reach the target size of $1 billion by the end of the year, after a second round of capital raising among investors in the Middle East and Europe, Cai, the fund’s chairman, said in a telephone interview on Thursday...............................................Full Article: Source
Print