CDF Capital Backs Chinese Horse Breeder (Asia)

Source: AltAssets

Chinese private equity firm Shenzhen CDF Capital has participated in the RMB100 million (approximately US$16.3 million) Series B financing round of Chinese horse breeder Rider Horse. The latest investment follows the company’s August 2012 RMB120 million (approximately US$19.4 million) Series A financing round led by Hong Kong-based private equity and alternative asset investment firm SMC Capital China. Rider Horse breeds and imports horses, markets feedstock and intends to expand into horse management services.