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ARTICLE | Financial News

First close for China Everbright’s new healthcare fund

October 23, 2018 6:23 PM UTC

China Everbright Ltd. (HKSE:165) completed the first close of its third healthcare fund, raising more than RMB800 million ($115.4 million). The CEL Healthcare Fund III's target size is RMB1.5 billion ($216.3 million).

According to China Everbright, the firm has over RMB3 billion ($432.6 million) in total healthcare funds under management, with total funds under management exceeding HK$140 billion ($17.9 billion). ...

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China Everbright Ltd.