Fast Fundraising for Hony’s Latest Fund Shows China’s Allure


January 27, 2012

Hony Capital is a China focused fund that recently completed a rather quick new fundraising where it amassed USD4 billion from investors in just a few short months.  Hony Capital’s John Zhao, chief executive officer, discussed his strategy this week with Bloomberg Television’s “Asia Edge”.  He described construction and consumer trends, such as fast food restaurants, and spoke of economic restructuring as providing a lot of opportunity.  Hony Capital is a sister company of Lenovo, both are backed by Legend Holdings Ltd., said Zhao in the interview.

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