Hidden Hill Capital (“Hidden Hill”), a leading pan-Asian private equity manager backed by GLP Capital Partners (“GCP”), today announced the final close of Hidden Hill PERMB Fund II (“HH PE RMB Fund II”), raising RMB 8 billion in capital commitments.
HH PE RMB Fund II will continue the successful investment approach of RMB Fund I launched in 2018, investing in growth-stage companies with a focus on modern logistics services, digital supply chain, renewable energy, and related technologies.
The fund received strong support from a diverse group of existing and new limited partners (“LPs”) including insurance companies, corporate VC firms, and fund of funds.
Teresa Zhuge, President of CP China, commented, “Hidden Hill Capital is recognized as a specialist PE manager that taps into the unique insights and resources from LP’s deeply rooted ecosystem across logistics, supply chain, data infrastructure, renewable energy and related technologies. We look forward to working with more investors to identify and empower the latest technologies and innovations that are charting the future of the New Economy.’
You can now read the full press release at the link below
Supporting documents
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