CDH Investments raises $310m

The Hong Kong-based alternative asset manager closed a China focused real estate mezzanine fund.

Fund name: CDH Mezzanine IDC Fund
Amount raised: 2 billion yuan
Launched date: April 2020
Time on the road: 1 year and 2 months
Stage of fundraising: Final close

CDH Investments has announced its final close on CDH Mezzanine IDC Fund on 2 billion yuan ($310 million; €260 million). The main investors of this vehicle include China Pacific Insurance Company and Taikang Insurance Group. Capital raised for the fund will be invested in the data centre projects in China through a mezzanine approach.