AGIC closes PE fund at $1b, seeks deals

Henry Cai's private equity fund is tapping Chinese and Asian demand for European small- and mid-caps with a technology focus and ambitions to expand into Asia, its MD says.
Medical technology is one of the target sectors for AGIC's new strategy
Medical technology is one of the target sectors for AGIC's new strategy

Germany’s AGIC Capital has closed its first private equity fund at $1 billion, with most of that raised from institutions in Greater China, underlining the region's demand for European technology-related corporates.

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