China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
Boyu Capital
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Private equity firm Boyu Capital has experienced the pressure that the delay in the long-awaited initial public offering of Chinese e-commerce giant Alibaba has caused.
Boyu seeks US$1.5 billion in its second offering after it has gained US$1 billion in its first fund in 2011, according to sources.
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