cvn

Legend Capital Raises $400m for New Fund

Filed in archive Private Equity on July 13, 2008

PE Hub said this week that Legend Capital has raised $400 million for a private equity fund focused on technology, media and telecom in China.

Legend Capital's parent company, Legend Group, is based in Hangzhou. They own Lenovo Group Ltd, China's top PC maker. Legend Group invested about $160 million in The new fund, according to Legend Group Managing Director Chen Hao.

Legend Capital expects to put 60% to 70% of the new fund into China's technology, media and telecom sector. The remaining money will probably fund projects in consumer services.

A Scene in Hangzhou...
© Adventure Factbook of Cili & Krisztián




Permalink: Legend Capital Raises $400m for New Fund

Tags: Legend  Capital  PE  Private  equity  china  legend+capital  private+equity 

Vote for Legend Capital Raises $400m for New Fund:

  • Currently 6.50/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 6.50 out of 4 vote(s) cast.
 
Share It
RSSrss
Google google
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Most Popular   Agreement   Best of   Blogs   Book review   Commodities   Conferences   Did you know   Entrepreneurship   Incubators and Science Parks   information about   Information Sources   Innovation   Internet   IPOs   Law   M&A   Mergers and Acquisitions   Misc   News   Outsourcing