Hopu Holds a First Close for Fund II with More Than US$1 Billion in Commitments (Asia)

Source: Asia Private Equity Research

China-focused private equity investment firm Hopu Investment Management has reportedly reached a first close on its second fund, Hopu Master Fund II, with US$1.1 billion in capital commitments. Investors include Singapore sovereign wealth fund Temasek Holdings and global investment bank Goldman Sachs Group, which both committed to Hopu’s first fund. Hopu Master Fund II has a final target of US$2 billion.