Investcorp to raise $274-$548m for first China-focused yuan fund

Investcorp to raise $274-$548m for first China-focused yuan fund

Bahrain-based alternative asset manager Investcorp is aiming to raise 2bn to 4bn yuan ($274m-$548m) for its first private equity fund in the Chinese currency, its executive said, to explore buyout opportunities in the country. Investcorp plans to apply in the next few...