On the closing of its third Asia-focused fund, with $490 million of commitments, Jean Eric Salata, chairman and CEO talks about the deployment strategy and why he remains bullish on China opportunities despite the risks keeping him awake at nights.
What are key terms of this fund
We raised $490 million û the fund was oversubscribed. It is a 102 year fund. We invest in companies which require between $20-100 million of equity investment. Our sweet spot is $20-50 million per deal. One of our primary criterion is that companies we invest in must be profitable. We are willing to take majority or minority stakes and...
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