CDIB Capital International Corp, the Hong Kong-based private equity arm of China Development Financial, has raised $405 million for its Asia-focused buyout fund.
The limited partners of CDIB Capital Asia Partners LP include fund-of-funds, family offices, sovereign wealth funds and insurance companies.
Eaton Partners was the placement agent.
Performance data for CDIB’s previous funds was unavailable.
Launched in 2006, CDIB Capital has offices in Hong Kong, Shanghai, Taipei, Seoul, and San Francisco.
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