China's Legend Capital closes healthcare continuation fund after $270m secondary deal
China’s Legend Capital closes healthcare continuation fund after $270m secondary deal Photo by Hush Naidoo on Unsplash May 20, 2021 Legend Capital, a subsidiary of China’s Legend Holdings, announced that it has closed its healthcare continuation fund — LC Healthcare Continued Fund I — having raised $270 million from a secondary transaction. A continuation fund is a vehicle that takes on the portfolio assets of a vintage fund that is nearing the end of its lifespan. LPs are given the o...
Source: dealstreetasia.com