Envision Capital Closes Second RMB Fund (Asia)

Source: Greater China Private Equity Review

China-based growth private equity firm Envision Capital has held a final close on its second RMB-denominated fund. The fund raised RMB412 million (approximately US$66.5 million) in total capital commitments. Envision’s previous fund, the Envision High Growth Fund 2009, closed in October 2009 with RMB500 million (approximately US$73 million) in commitments.