Industry Newsroom

Boyu Capital Reaches Final Close of USD3.6 Billion for Fourth Fund

China-focused growth equity fund manager Boyu Capital has reached a final close for its USD-denominated fourth fund with USD3.6 billion in capital commitments. Investors in the fund include Singaporean sovereign wealth funds GIC and Temasek Holdings, Chinese businessman Li Ka-shing, family offices, and pension funds, including New York Common Retirement Fund, which committed USD40 million.